SIX Digital Exchange (SDX), which claims to be the world’s first fully regulated FMI digital asset exchange, has partnered with Aequitec, a digital share register and cap table company, to enhance the funding process for private companies. This will enable the seamless issuance and custody of digital equity securities in SDX’s regulated CSD. The collaboration aims to streamline the fundraising process for issuers and SDX members, providing full control and traceability on transfers of shares from funding to IPO. Aequitec’s SDX connection ensures that unlisted shares can be integrated into the financial cycle with ease.
By orchestrating the processes across all involved parties, SDX and Aequitec will provide a permanent and immutable transaction record using DLT. This in turn will reduce errors and facilitate the automated updating of the share registry, while providing to the issuer full visibility of investors’ holdings.