The token offering will initially include AAPL and TSLA stocks, iShares US Treasury Bond 0-1 Year ETF and iShares US Treasury Bond 1-3 Year ETF. Swarm will add more stocks and real assets in the future.
Regulated blockchain platform Swarm has launched a public investment offering for AAPL. The company announced TSLA and two on-chain Treasury ETFs in a world first for the world of fully compliant tokenized securities.
AAPL, TSLA and US Treasuries will be the first tokenized securities available on the Polygon blockchain for both retail and institutional investors with no minimum investment.
Trading in fully asset-backed tokens will be available 24/7 starting Thursday and comply with German regulations on Swarm’s approved DeFi platform.
“Unlike other companies, we can issue and trade real assets on the blockchain.”
Swarm co-founders, Philipp Pieper and Timo Lehes, are proud to announce that this is the first service of its kind for investors who want to access real-world assets using digital blockchain technology while still complying with all regulatory requirements to give users full benefits to give trust.
Timo Lehes, co-founder of Swarm comments: “Swarm is the first company to offer and trade tokenized T-Bills and shares via a regulated and decentralized platform. We operate within the German regulatory environment, which means we can issue and trade real assets on blockchain like no other company.
“We started with equities and bonds and will soon expand this to any asset that needs to be traded on a regulated platform, from carbon credits to real estate or private property. Until now, traditional market participants have not had a comprehensive and regulatory solution for on-chain issuance and trading of real assets.
“The FTX and Celsius crises over the past year have only highlighted the key structural and regulatory weaknesses of the market, showing that crypto collateral is overly correlated and easily manipulated. Regulation in the right parts of the ecosystem is critical, while decentralization increases the transparency needed to build trust.”
“Today’s announcement is significant for both DeFi and TradFi. There is a clear demand for high quality assets available on-chain. Institutional participants will now be able to source assets from traditional markets via blockchain through Swarm. Swarm is a hybrid platform that combines the depth of liquidity and value of traditional financial markets with the benefits of blockchain technology. We are the only trusted platform that institutions with fiduciary responsibilities can use to issue, trade and manage quality collateral on-chain with confidence and in a decentralized manner.”
SwarmX GmbH, the issuer of the equity and bond tokens, is a wholly owned subsidiary of Swam Markets GmbH, according to a prospectus registered with the Financial Market Authority in Liechtenstein and authorized in Germany. In Germany, trading activities on Swarm infrastructure fall within the remit of BaFin.
Secondary trading activities are regulated by the German Federal Financial Supervisory Authority (BaFin) and are accessible on Swarm’s approved DeFi platform.
Tokens can generate income from liquidity pools or be held in Web3 wallets
Hedge funds and institutional investors can now access stable and secure global markets 24/7 via Swarm. For those already on the chain, including stablecoin issuers and treasury managers, this means they have less volatile assets to invest in without having to leave the DeFi ecosystem.
The token offering will initially include AAPL and TSLA stocks, iShares US Treasury Bond 0-1 Year ETF and iShares US Treasury Bond 1-3 Year ETF. Swarm will add more stocks and real assets in the future.
Swarm does not custodian the asset-backed tokens. They can be added to liquidity pools to generate returns or kept in investors’ own Web3 wallets.
The ISIN-based tokens benefit from the trust and stability of traditional markets, as well as flexibility and greater access to global liquidity at lower costs on the blockchain. Stock and bond certificate tokens are integrated into traditional financial markets and can be redeemed for the value of the underlying real-world asset.
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