Traditional vs. electronic securities
Traditional securities differ from electronic securities primarily in terms of custody. While certificated securities must be physically deposited with a central securities depository as a global certificate or collectible certificate, electronic securities, such as crypto securities, crypto fund units or crypto stocks, can be held in a crypto securities register.
It is also possible to hold central register securities, crypto fund units, and crypto stocks in a central register. The legal effect of electronic securities is identical to that of traditional securities.
Crypto securities register as an enabler for blockchain-based issuance
