The tokens issued by Bank Syz, through the intermediary of the tokenization platform developed by Taurus SA, will be allocated to all employees of Syz Group and will be traded on the regulated marketplace Taurus Digital eXchange (T-DX). Bank Syz, a family-owned boutique Bank, will use the insights gained from this internal pilot program as a foundation for the future development of the Bank’s digital assets offering for its clientele, building on their already existing cryptocurrencies trading and custody services.

The Schellenberg Wittmer team consisted of Tarek Houdrouge (Partner, Banking & Finance), Jérémie Tenot (Senior Associate, Banking & Finance) and Lukaz Samb (Trainee lawyer, Banking & Finance).