---
title: What are SwissChain participation certificates?
entity: SwissChain Holding SA
lang: en
canonical: https://docs.swisschainholding.ch/faq/what-are-swisschain-participation-certificates/
last_verified: 2026-10-29
---

# What are SwissChain participation certificates?

They are participation certificates of SwissChain Holding SA, issued as ledger-based securities and recorded on a digital register, as Swiss law has allowed since 2021 (art. 973d CO).

They carry the same financial rights as a traditional participation certificate, without voting rights, while the register is easier to keep and to check. See [ledger-based security](https://docs.swisschainholding.ch/glossary/#ledger-based-security).

Last verified: 29 October 2026.
