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Aktionariat Operal AG EquityOPRL

Aktionariat Operal AG EquityOPRL

Launch dateMay 2, 2024

OPRL, tokenized on infrastructure provided by Aktionariat AG, is a tokenized equity instrument that represents registered ownership in Operal AG Equity, with the issuing company itself acting as the legal issuer of the underlying shares. OPRL gives holders equity exposure to Operal AG Equity (OPRL) rather than a fixed yield, and the token directly is the registered share recorded on an onchain shareholder registry. If the underlying company issues a dividend or distribution and registration and eligibility requirements are met, holders may receive it. A license fee is hardcoded into the Brokerbot smart contract and is borne by the seller on each sale transaction. Each issuing company is the legal issuer of its own shares under Swiss law, while Aktionariat AG, a Swiss company, provides the tokenization technology. Tokens are ledger-based securities under Swiss DLT Law, conferring ownership effected through updated Articles of Association and Registration, Tokenholder and Shareholder Agreements. Shares are freely transferable by default, though issuers can enforce per-issuer KYC and AML restrictions through a smart-contract Allowlist. There is no fiat redemption; the Brokerbot acts as primary market and repurchaser, with peer-to-peer trading also supported. Investors hold tokens in a self-custody Aktionariat wallet. Tokens follow the ERC-20 standard and are issued on Ethereum, Polygon and OP Mainnet, with Chainlink CCIP enabling cross-chain transfers. Shares are minted as tokens and delivered atomically against payment through the Brokerbot automated market maker, which sets price using an issuer-configured bonding curve. Settlement occurs onchain in a Swiss-franc stablecoin such as ZCHF or in ETH.