top of page
HELP
-
Is daura an exchange?No. As a provider of a technical infrastructure for issuing digital shares, we focus on the so-called primary market. This means that we help companies to digitize their shares via our platform. Without any bank or stock exchange
-
Why should a Swiss SME issue digital shares?This greatly simplifies the entire process of issuing and distributing shares. The entire processing of a capital increase becomes much more efficient.
-
What happens if a shareholder loses their access data to daura or their token? What happens if a shareholder dies?daura has a process for restoring access data and tokens. This way we can protect shareholders from loss.
-
Which blockchain does daura use?daura relies on Hyperledger Fabric, a so-called “private permissioned” chain. This is operated by highly trustworthy partners in Switzerland. Specifically, this is Swisscom and Swiss Post. Additional trustworthy partners with high-security data centers will soon be added, ensuring the decentralized structure of the blockchain platform.
-
What documents are required by a company that wants to issue its shares via daura?To register as an issuer, you need the following documents and information. We need these documents for quality assurance. - Company identification number (UID or CHE number) - Extract from the debt collection register (max. 3 months old) - Extract from the commercial register - Company statutes The person who registers the company on daura should also have the following documents ready: - Internal power of attorney (if you are not authorized to sign individually) in the form of a circular resolution (template will be provided during onboarding) - ID document - Extract from the criminal record (max. 6 months old)
-
Who can register as an investor on daura?Both natural and legal persons can register as investors with daura. For regulatory reasons, we are currently excluding investors from certain countries.
-
How can I register my company as an issuer?Go to our homepage and click “Register”. You will be guided through the entire process.
-
How can I register as an investor?Go to our homepage and click on «Register». You will be guided through the entire process.
-
Can I void non-digital transactions that take place past daura?You can transfer the transferability of the shares according to the statutes and document it accordingly on daura, so that a transaction always requires the consent of the company.
-
Can transactions also take place via your portal, i.e. on paper?With daura you can check that no transactions take place past the portal. All transfers and entries in the share register must be accepted by the company.
-
When digitizing stocks, do all shares have to be digitized?Yes, the entire share register must be digitized, ie. The capital digitized on daura must match the capital in the commercial register. However, not all shareholders have to use the platform. The company can also manually enter and manage shareholders in the digital share register.
-
What is the advantage of a digital share register on daura?What is the advantage of a digital share register on daura?The share register is always up to date. When transfers take place, the share register is updated. In addition, the digital share register creates the basis for other activities such as the digital general meeting.
-
Who has access to the digital share register?Only the person who registers and represents the company on daura has access to the share register. The shareholders do not see the share register; each shareholder only sees their personal investment.
-
Will the digital share also be booked into the shareholders’ share portfolio?Shareholders can see their entry in the share register in the investor profile on www.daura.ch under “My Investments”. There, a digital share can be generated for each entry (so-called “share token”) and stored and stored either in your own internet browser or on your own hard drive (technically speaking: “self-custody”). The advantage is that there is no need for a bank (technically speaking: “third-party custody”) and there are therefore no deposit management fees for the shareholders. In addition, this digital share can be transferred directly to other investors via www.daura.ch, also without transaction costs for the shareholders. Despite these advantages of a digital share, we are in the process of enabling entry into the traditional banking system in the future and will provide further information about this.
-
Can the same capital increase be carried out in parallel on different platforms and therefore the same share be issued twice?The legal requirements for a capital increase, in particular the linking of a capital increase to a specific capital payment account and the requirement for a capital increase to be notarized, ensure that shares can only be issued once.
-
What are the requirements and success factors for carrying out a capital increase?As soon as a company has decided on a capital increase and is registered as an “issuer” with daura, the process can be started independently at daura. daura and the ecosystem partners support the company in the process. Investor marketing, for which the company is responsible, is crucial for success.
-
If the share is digital, how is the price, i.e. issue price, defined. Do you need an official rating for this or can the company define this itself?In the case of a capital increase, i.e. the first issue of a share, the company defines the issue price. This may differ from the nominal value, depending on the company value below which the company intends to place this issue (technically: the so-called “premium”). The issue price/enterprise value is communicated in the issue prospectus. For a public issue via daura, we require that it has been audited by an independent party (e.g. by our partner BDO). After this issue, the market of buyers and sellers determines the price of a share. Where the company has a certain influence is the annual determination of the tax value, which in the future can be published by the company on daura so that shareholders can report this to the tax authorities in their tax documents.
Do you have any questions?
Contact us at any time using the contact form or email. We will get in touch with you as soon as possible!
bottom of page