Share tokenization is the process of associating shares with digital tokens deployed on a distributed ledger, typically a blockchain. Once this process is completed, a transfer of the tokens on the DLT platform results in a transfer of the shares (and vice versa). Tokenization can be seen as a representation of traditional shares as virtual, digital assets. Importantly: tokenization does not result in the creation of new types of assets. Tokenized shares are - and remain - shares in the company that issued them; a company can only tokenize shares that already exist, meaning that shares need to be issued in accordance with Swiss Corporate Law before they can be tokenized; tokenized shares will not constitute a new class of shares under Swiss law. Lastly, tokenizing shares does not necessarily mean that they will be publicly offered (e.g. in a "share token offering" or similar transaction). The tokenization process is based on the classical process of share issuance, as covered by EU Corporate Law.