Chartered Investment Germany GmbH / e-Sec GmbH: Germany's first issue of a crypto security under eWpG

e-Sec to manage crypto securities register in accordance with eWpG from 10 December 2021 onwards

Düsseldorf (pta029/10.12.2021/16:31 UTC+1)

Düsseldorf, 9 December 2021 - Capital markets specialist Chartered Investment Germany GmbH has founded e-Sec GmbH as a subsidiary. "This step is a milestone for Chartered Investment and offers us the opportunity to develop Ethereum Blockchain-based bonds for the first time," says Chartered Investment's Managing Director Daniel Maier. On 8th December the "ZSquare Venture Opportunity Crypto Security" was the first issue of a crypto security under the strict rules of the eWpG. For this purpose, e-Sec GmbH will maintain a crypto securities register in accordance with Section 16 of the eWpG (Electronic Securities Act) on a forgery-proof recording system. On 10 December 2021, e-Sec GmbH will commence its business activities.

Since 10 June 2021, the date the eWpG came into force bearer bonds can be issued as crypto securities. This process takes place by means of an entry in a crypto securities register and requires a register-keeping agent (registrar). Pursuant to Section 16 (2) of the eWpG, a registrar is an entity designated as such by the issuer vis-à-vis the holder. The registrar must obtain a license for its activities pursuant to Section 32 KWG. This regulation puts the crypto registrar in the spotlight from a technical and regulatory point of view.

Chartered Investment established e-Sec GmbH, its service provider that will commence its business activities as a crypto securities registrar on 10 December 2021. Chartered Investment had already supported the world's first issuance of a structured note on the blockchain in 2018. The establishment of e-Sec GmbH now represents the next milestone in the capital-markets-as-a-service business.

In setting up the technical infrastructure for register keeping, e-Sec GmbH relied on the expertise of TokenForge GmbH, an innovation leader in the implementation of blockchain applications. Legal advice to e-Sec was provided by the Berlin-based law firm lindenpartners.

Because crypto register keeping is a purely national service, the management of a crypto securities register by e-Sec GmbH is initially to be offered locally. As soon as the corresponding legal basis is established, the business can be expanded to the EU/EEA area.

About Chartered Investment Germany GmbH

Chartered Investment is a leading independent CMaaS (Capital Markets as a Service) provider supporting its more than 100 B2B clients by developing customized investment products and index solutions. Since 2013, Chartered Investment has supported more than 350 securitizations, making it a leader in alternative investment production. More than 500 completed transactions and index solutions and securitized assets valued at over 2.75 billion US-Dollar demonstrate the firm's quantitative track record.

Chartered Investment operates Chartered Opus, a bank-independent, Luxembourg-based issuance platform for securitized investment products, which manufactures, structures, issues, and services and manages these products throughout their lifecycle.

About e-Sec GmbH

e-Sec GmbH was founded in 2021 to support issuers in the issuance of crypto-securities as a registrar. The team at e-Sec combines legal and technical know-how with many years of expertise in financial engineering. By leveraging blockchain technology, e-Sec is opening up new financing channels for issuers. Together with the issuance platform Chartered Opus, it is revolutionizing asset tokenization and connecting on-chain networks with on-chain financial products.

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Emitter:	Chartered Investment Germany GmbH / e-Sec GmbH Fürstenwall 172a 40217 Düsseldorf Germany
Contact Person:	Elisabeth Maier
E-Mail:	elisabeth.maier@chartered-investment.com
Website:	www.chartered-investment.com
ISIN(s):	DE000A3GV7N7 (Zertifikat)
Stock Exchange(s):	-
Other Stock Exchanges:	OTC