As the Crypto Valley Association prepares for its Western Chapter Launch, Western Chapter Chair Jérôme Bailly discusses the reason behind the association’s expansion and how it will take tokenization to new heights.
Lausanne, Switzerland - The Crypto Valley Association is holding a launch event for its Western Chapter on December 2, 2019. Taking place at the EPFL Swiss Federal Institute of Technology in Lausanne, the event highlights the specific focus on crypto finance, digital assets, and blockchain education. The association will also present its asset tokenization position paper.
Lausanne’s strategic location at the heart of Western Switzerland holds great significance for the Association. “With the launch of our Western Chapter in Lausanne, the association can officially bridge the gap between Zug and Romandie, expanding Crypto Valley’s brand of innovation even further.” Said association Western Chapter Chair Jérôme Bailly. Bailly continued that “the association recently went through an evolution of maturity. At this time, we felt it was necessary to expand to other regions in Switzerland. Lausanne, with its great record of innovation powered by the EPFL, seemed like the ideal spot for our new chapter launch”.
The highly anticipated inaugural conference will feature several notable names in the Swiss crypto industry and will bring hundreds more from around the country to discuss the future of banking, tokenization, legislation, education and more hot topics in the industry.
Sygnum, one of the world’s first digital asset bank, is the presenting partner at the Western Chapter’s launch event and will anchor the association’s newfound focus on Financial Technology in the western part of Switzerland. SEBA, the other crypto bank is also a partner, building a bridge between traditional and digital asset markets. Also joining as a partner, online financial service provider Swissquote, the first online bank in Europe to offer Bitcoin investing back in 2017.
Aside from the celebratory launch, the event will also bring together notable minds of blockchain and finance to discuss the evolution of tokenization and legislation in the region. At the center of this discussion is the newly released Asset Tokenization Position Paper coordinated by Florian Ducommun, Chair of the Crypto Valley Asset Tokenization Working Group.
“The aim of the paper is to set the various asset classes, define what the legal challenges are, expose the hurdles that companies tokenizing assets should be careful of and define the legal processes and practices for tokenization in general,” stated Ducommun. “The purpose is to actually make the process easier for companies. Essentially, we have outlined the legal requirements for tokenizing each token asset class from private property to equity.”
Jérôme Bailly continued: “We observed that issuance of utility tokens and payment tokens is switching towards the tokenization of financial instruments and assets. This is why CVA commissioned this position paper”.
The Crypto Valley Association’s Western Chapter Launch Event begins on December 2, 2019, at 5 pm and ends at 9 pm. The event will be held at École Polytechnique Fédérale de Lausanne (EPFL) – Polydôme.
For more information and to acquire a free ticket, please visit our site.
About the Crypto Valley Association
The Crypto Valley Association is an independent, government-supported association established to take full advantage of Switzerland’s strengths to build the world’s leading blockchain and cryptographic technologies ecosystem.
Jérôme Bailly Crypto Valley Association Chair - Western Switzerland Chapter