The German authorities have allowed the issue of cryptocurrency shares starting next year. Experts told the editors of Crypto.ru about how much this tool can be in demand and what are the prospects for its use.
Bitget CEO Gracie Chen noted: “Compared to the traditional financial segment, digital currencies are more decentralized and transparent. Currently, Germany is still in the early stages of development, but with the growing popularity of blockchain, the country has great potential for growth in the future. Tokens like STO can have impressive prospects. By combining blockchain technology and equities, and distributing them through digital asset platforms, Germany can significantly improve financing efficiency and enable investors to diversify their investments more globally.”
MKA Sokolov & Partners lawyer Veronika Bliznets: “It is possible that German crypto-shares will be popularized not only in the country itself, but also in the EU. At the same time, European states can borrow a lot from Germany in terms of regulating the crypto market. The German Ministry of Finance and the German Ministry of Justice openly state their goals of attracting foreign investment and reducing bureaucratic barriers.”
StormGain cryptocurrency exchange expert Dmitry said: “Starting next year, new rules will come into force on the German stock market, according to which the country will begin the circulation of shares based on blockchain technologies. In fact, Germany will be the first country in the world to ratify the launch of such assets. This tool really has prospects. This is due to the fact that small and medium-sized businesses will be able to release crypto shares to the market. They will have the opportunity to interact with global finance and will be able to cooperate with foreign investors, minimizing the costs of organizational issues.”
Oksana Belyanskaya, CEO of the cryptocurrency promotion company Rocket PR, responded: “It is worth understanding that crypto-shares will replace or complement traditional securities that will be issued in the form of tokens. This will simplify the process of issuing shares for small and medium-sized businesses, and will also make the instrument of borrowing through shares more accessible for local entrepreneurs.”
OXLY.IO brand manager Danatar Atajanov believes: “Crypto shares transfer all the benefits associated with blockchain technologies directly to the securities market. These assets may have attractive price growth potential because they represent an instrument participating in real economic processes.”
MediaChain Ecosystem representative Dmitry Mazanov: “The popularity of crypto-shares in Germany may depend on several factors. Firstly, it is important which companies will issue these securities. If these are large and successful corporations, then institutional investors will certainly be interested. Secondly, it is worth understanding how the issuance and trading of crypto shares will be regulated. If an optimal environment is created, again, this will arouse interest among investors. Finally, much will depend on what benefits they provide to companies and investors.”