Zühlke Utilises Daura’s Blockchain Platform to Digitalise Swiss SME Shares for Employeesby Fintechnews Switzerland December 9, 2020
The Zühlke Group, Swiss-based IT service management company, has partnered with daura AG a digital equity platform, in order to digitalise Swiss SME shares.
By using the platform, different classes of shares, e.g. specifically for employees, can be digitally represented with supplementary agreements.
This enables shareholders to obtain and manage their shares directly via the Internet, free of charge and independent of their domicile.
For the company, the administrative effort involved in managing the share register and corporate actions is reduced, at the same time. daura relies on a blockchain infrastructure operated in Switzerland by Swisscom and Swiss Post.
“The Zühlke Group is growing steadily and therefore the number of partners as owners of the company. From a governance point of view, it is essential for us to maintain a secure share register. The solution from daura is innovative, fits our needs and reduces our administrative workload.”
said Marco Pizzorusso, CFO of the Zühlke Group.
Peter Schnürer, CEO of daura added,
“Employee shares are particularly important to us. They are an expression of modern corporate and personal management. The handling of employee shares is significantly simplified and supported by daura.”