Spain leads tokenized capital drive as Beself Brands digitises entire equity

Description

In a landmark move underscoring Spain’s growing role in financial innovation, Barcelona-based Beself Brands has become the first company in the country to fully tokenize its corporate equity. This milestone follows the implementation of Spain’s Securities Market and Investment Service Act in March 2023, which established the ERIR (Tokenized Asset Registration and Record-keeping Authority) as the regulatory infrastructure for blockchain-based financial instruments. The act is part of a broader pu...