NVIDIA Corp (Swarm)
Website: app.swarm.com/invest
Asset classes
Issuer Swarm
Regulation Registration with Liechtenstein Financial Market Authority under the Prospectus Regulation + German Common Law
Location Pestalozzistraße 3, 10625 Berlin, Germany
Metrics
Price $ 124.58
Assets Under Management $ 1,700
As of Aug. 18, 2024
Description
Swarm is the issuer of a Stock Certificate Token on NVIDIA Corp public equity share.
The Stock Certificate Token is a debt instrument issued by a special purpose vehicle (SPV) registered in Germany, Swarm GmbH, backed by public listed shares of the underlying, NVIDIA Corp (ISIN US67066G1040)
The token is issued upon the receipt of the underlying shares by the custodian, held as collateral and claimable upon redemption.
Subscriptions and Redemptions are made by the transfers of the underlying’s shares between Investors and Custodian, with Swarm acting as a Trustee to verify transfers and issue tokens.
The NVIDIA Corp Stock Certificate has no expiration date and is registered under the Liechtenstein prospectus law. The structure of the product is not regulated, nor the Issuer or the tokenization platform.
On-chain tokens can be transfered and used in decentralized finance applications. However, subscriptions and redemptions are processed after a KYC and on onboarding on Swarm platform.
Swarm offers different features on its platform such as real-world asset staking and decentralized over-the-counter (dOTC) platform. This peer-to-peer listing mechanism allows an easy-to-access trading of the NVIDIA Corp token between eligible holders.
Smart Contracts
NVIDIA Corp (NVDA)
ERC-20