No licensed registrar or controlling agent required
This is the part that sets Switzerland apart. Creating and transferring a DLT based security does not need a 3rd party bank, securities firm or transfer agent to reconcile transaction records.
Launch a tokenized real estate offering in Switzerland
Switzerland is one market where creating and moving a digital security requires no licensed registrar in the middle. The law has said so since 2021. What it does not hand you is the platform, and that’s where we come in.
Switzerland requires no intermediary to manage the register
Direct DLT (Distributed Ledger Technology) is permitted without the need for a licensed firm to maintain the register. Here the agreement between the parties is sufficient.
The registration agreement
What creates the binding link between the right and the blockchain ledger entry is an agreement between the parties, plus a register meeting the requirements set out in the Code of Obligations.
Transfers need no written assignment
Ledger-based securities move through the platform according to the terms set in the registration agreement. No paper assignment for each transfer, which is what makes a real secondary market workable.
The law is deliberately technology-neutral
The statute describes what the register must do rather than naming a technology, and leaves the technical detail open.
FINMA still treats these as securities
Tokens that let real estate be traded on a ledger are asset tokens, and FINMA treats them as securities where they are standardised and suitable for mass trading. Prospectus, banking and fund rules still apply.
How to start
1. Tell us about the property
What you own and what you want to raise. We say plainly whether this fits, including when it does not.
2. A Swiss lawyer joins
Our local partner sets the structure, drafts the offering documents that bind the rights to the ledger, and checks whether your offering triggers the prospectus, banking or fund rules.
The legal work and the launch run in parallel. In Switzerland the pace is set by the structure and the registration agreement rather than by waiting on a licence. Your lawyer starts that on day one.
Before you tokenize real estate in Switzerland
Is real estate tokenization legal in Switzerland?
Yes. The DLT Act introduced ledger-based securities into the Code of Obligations in 2021. Any right capable of being securitised can sit in a ledger-based register, asset tokens included.
Can investors trade freely afterwards?
The DLT Act created a specific FINMA licence for DLT trading facilities. Transfers happen through the platform under the terms of the registration agreement, with no written assignment needed each time.
Do I need a licensed registrar?
No, and this is the difference that matters. Creating and transferring a ledger-based security does not require a bank, a securities firm or a central securities depository. What it requires is a registration agreement and a compliant register.
So no other rules apply?
They do. FINMA treats asset tokens as securities where they are standardised and suitable for mass trading, and the prospectus, banking and collective investment rules still apply.
Last updated: 10-08-2026
The information on this page is for general informational purposes only and does not constitute legal, financial, investment, or tax advice.
Tokenizer.Estate provides a platform for real estate tokenization and connects you with licensed local partners, but we do not provide legal or regulatory guidance.
Please consult qualified professionals in your jurisdiction before making any investment or tokenization decisions.