✔️Mid term mission two

(Q2 2025 onwards): SMAT’s transition to crypto through tokenization

At this point, SMAT will have effectively become an exchange aggregator, allowing users to invest in digital assets and deposit digital assets into DeFi protocols in a secured and regulated environment thanks to its custodian solutions.

Based on this infrastructure, SMAT will develop its own tokenization protocol and will offer to the real asset project issuers, originators or distributors, registered on SMAT, the ability to tokenize their projects and to list security tokens on the platform for subscription by the SMAT community of professional investors.

Tokenization can be described as the process of creation of a digital representation of a real-world asset based on a Distributed Ledger Technology (DLT) / Blockchain system. It facilitates the exchange, storage and transfer of such assets in a digital world. In essence, tokenization can turn almost any asset, either real or virtual, into a digital token and enables the digital transfer, ownership and storage without the necessary need of a third party / intermediary.

The technical specificities of the SMAT's tokenization process are further described in section 6.2 below.

The custody of the security tokens will require the obtaining by SMAT of the Securities Firm License from the Finma beforehand.