Cardano Foundation joins Swiss CMTA to back tokenized shares standard
- —CMTA recognized CIP-0113 as equivalent to CMTAT for shares, not debt
- —Issuers must record terms on-chain and issue shares in whole units
- —Veridian has issued shares under CIP-0113 but lacks CMTA certification
- —CIP-0113 launched on mainnet October 7 with transfer controls and freezes
Why it matters: Cardano gains entry to Switzerland's regulated tokenized-equity market, where Ethereum and Stellar already have projects.
Source: crypto.news