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Glossary
Plain definitions of the legal and digital-asset terms used on these pages.
- Holding company
- A company whose main purpose is to own shares in other companies. SwissChain Holding SA owns the companies of the SwissChain group.
- Société anonyme (SA)
- The Swiss company limited by shares, the legal form of SwissChain Holding SA.
- UID (CHE number)
- The Swiss company identification number, in the format CHE-123.456.789. SwissChain Holding SA's UID is CHE-265.522.693.
- Participation certificate
- A Swiss security that gives financial rights in a company, such as a share of dividends, without voting rights.
- Ledger-based security
- A security recorded on a distributed or digital register instead of a paper certificate, possible under art. 973d of the Swiss Code of Obligations since 2021.
- DLT Act
- The Swiss federal law of 2021 that adapted Swiss law to distributed ledger technology, including ledger-based securities.
- Tokenisation
- Issuing or recording a security or asset in digital form on a register, so that ownership can be transferred and checked digitally.
- Digital register
- The register on which ledger-based securities are recorded and transferred; it replaces the paper share register.
- Secondary market
- A market where existing securities change hands between investors, after their first issue.
- Treasury
- The reserves a company keeps on its balance sheet. SwissChain's treasury is denominated in Swiss francs.
- Stablecoin
- A digital asset designed to hold a steady value against a reference such as a fiat currency.
- Custody
- Safekeeping of assets on behalf of their owner; for digital assets, protecting the keys that control them.
- One Stop Shop
- The SwissChain group's platform to buy, hold and trade digital assets, operated by Altiora Capital SA.
- Subsidiary
- A company owned by another company, its parent. The SwissChain operating companies are owned by SwissChain Holding SA.
- KYC / AML
- Know Your Customer checks and anti-money-laundering controls applied before and during a client relationship.