Information Technology & Services - Zug, Canton of Zug, Switzerland
Swiss Real Coin (SRC) is an Asset Backed Crypto Token secured by Swiss real estate. It is envisaged that the Crypto Real Estate Ltd (the "Company") qualifies as an operating company engaged in business activities within the meaning of Art. 2(2) lit. d. of the Swiss Collective Investment Schemes Act ("CISA"). As mentioned, the Company will primarily engage in generating know-how and intellectual property on how to manage real estate on the Blockchain. The Company intends to confirm the final structure of the SRC and the non-applicability of the CISA with the Swiss Financial Market Supervisory Authority (FINMA).The SRC will be sold by way of a public offering in Switzerland and private placements to qualified investors outside of Switzerland and the United States of America in each case in compliance with any applicable securities laws. In relation to each member state of the European Economic Area which has implemented the Prospectus Directive (Directive 2003/71/EC (as amended), no offering of the SRC may be made which would result in a requirement for the publication of a prospectus pursuant to the Prospectus Directive.
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