What is an electronic security?

What is an electronic security?

Electronic securities (or security tokens) are digital versions of traditional securities. They represent ownership or rights to assets.

Electronic securities include securities within the meaning of § 4 para. 3 of the Electronic Securities Act ("eWpG") or crypto-assets within the meaning of § 1 para. 11 sentence 4 of the Banking Act ("KWG"), as well as, in the future, within the meaning of Article 3 para. 1 No. 2 of the proposed Regulation on Markets in Crypto-Assets.

    • Related Articles

    • How does the payment process work at CONDA Capital Market?

      The payment processing on CONDA Capital Market is carried out through a process that integrates the latest technologies in the financial industry. This process is primarily based on the use of wallets according to the latest Open Banking standards ...

    • What does "tokenization" mean?

      Tokenization refers to the digitalization of assets (such as securities). This involves representing them on a blockchain or similar technologies, with the software ensuring that only authorized individuals can access the asset. Tokenization thus ...

    • What payment options are available?

      What payment options are available? You have the option to make your investment via bank transfer or credit card. Regardless, you can also top up your wallet at any time via bank transfer or credit card. Your wallet functions as your electronic purse ...

    • What is a register leader for digital securities?

      The registry authority maintains a register of tokenized securities (cryptosecurities) and is responsible for treating the cryptosecurities confidentially, ensuring integrity, and ensuring the availability and authenticity of the data. In Germany, a ...

    • How about the confidentiality of my company's data during the financing process?

      The confidentiality of your company's data is of utmost priority to us, and we treat all information within the financing process with strict confidentiality. Our platform operates with robust security measures to ensure that your sensitive data is ...