DigiShares, a provider of white-label solutions for security token issuance and corporate management, has announced a new white-label partner based in Switzerland, Konsento AG.
Konsento AG is a Swiss-based provider of comprehensive investment management solutions for companies and their investors. DigiShares and Konsento jointly developed a solution which enables Konsento to offer company administrators the ability to represent and manage equity positions, track changes over time in auditable logs, implement digitised document workflows with electronic signatures, maintain the share register in various forms depending on the type of incorporation, register beneficial ownership, and communicate with investors individually and jointly.
Further, the solution has an advanced module for conducting annual shareholder and other meetings in a fully digital format, with agenda items and votes, including the use of proxies. There is a personalized dashboard for investors where they can track their equity holdings, access relevant documents and contracts, participate in shareholder meetings and vote on relevant polls, etc. The entire solution maintains a high degree of security to ensure that confidential and important company documents are kept safe.
Konsento uses this solution as their basic application and to manage the relationships between companies and their investors.
Sandro Stricker, Co-Founder of Konsento, says, “We are observing a growing interest in asset tokenisation in Switzerland. However, we also see a significant number of companies that have not yet digitalized their investor relations workflows. While we want to be prepared for the latest technological developments, we also want to build a bridge to those who have not yet digitalized. DigiShares supports us in this by enabling us to fully register and manage traditional securities. We expect to be able to sign up many companies from the traditional economy, and then slowly over time convert some of these to becoming fully or partly tokenized.”
Mr. Stricker adds, “We have already signed up the first couple of clients and have generally been very happy to work with the DigiShares team during the customization and implementation process. We expect a very fruitful collaboration in the future”.
Claus Skaaning, CEO of DigiShares, says, “Konsento is a really good example of a white-label partner that fits perfectly into our strategy of becoming a high quality trusted provider of white-label solutions for financial consultancies, asset managers, real estate fund managers, and renewables fund managers. Our solution is geared towards being easy to customize, integrate and re-brand, such that it can be easily deployed to create value for anyone interested in raising capital for multiple projects or manage a group of corporate investors or shareholders in a project or fund.”
Mr Skaaning adds, “We view the digitisation and tokenization of securities as a global megatrend and one of the biggest business opportunities worldwide. Regulators, startups and incumbents are all struggling to secure a foothold in an industry reported to have a CAGR of 59% and to become a multi-trillion dollar market by 2030. DigiShares is working on many white-label partnerships and well on its way to becoming an important player. DigiShares is currently conducting our own STO where interested investors can participate in our journey.”