Under the new TVTG law, CROWDLIOKEN AG has been officially registered by the Financial Market Authority Liechtenstein (FMA). After receiving approval from the FMA at the end of 2020, CROWDLITOKEN AG has thus now also been officially registered as a blockchain company in the Principality of Liechtenstein.
The Liechtenstein Parliament passed the new Token and VT Service Providers Act (TVTG) at the end of 2019, which officially came into force on January 1, 2020. Companies subject to the new law were granted a one-year transition period. CROWDLITOKEN AG worked intensively on the approval process in order to meet the high requirements of the FMA.
Now CROWDLITOKEN AG has also been registered as one of the first token issuers. With the official registration of CROWDLITOKEN AG as a token issuer in the FMA’s register, CROWDLITOKEN AG is already celebrating a second important milestone in 2021. Earlier this year, the Liechtenstein-based fintech paid out the income streams of its property in Oensingen, Solothurn, to its investors for the first time. With the FMA registration as a token issuer, CROWDLITOKEN AG can continue its journey as a leading token issuer in the real estate sector and also offer new products to clients in the future. The license obligates CROWDLITOKEN to continue to meet and live up to the high regulatory requirements in terms of investment security.