Understanding transactions.
Shaping digital change.
We bring expertise in private-market transactions. Together with issuers and partners, we explore where digital securities structures can simplify processes.
Our approachCapital markets.
Digitally
reimagined.
Private markets deserve more possibilities. We combine transaction expertise with our authorisation to maintain securities registers – for digital securities structures and more efficient processes.
Private Markets.
New connections.
New connections.
Trust is the foundation.
Even as everything changes.
Supervised by BaFin
Register maintenance under the eWpG
With & without tokenisation
01 / Our expertise. Your possibilities.
Private Markets.
Making more possible.
Private-market transactions offer considerable potential for more efficient processes. We understand the structures behind these transactions and use our authorisation to maintain crypto securities registers to make digital securities work in practice.
Understanding transactions.
Authorisation as the basis.
The register as the foundation.
Our authorisation to maintain crypto securities registers provides the regulatory basis. We register securities under the German Electronic Securities Act (eWpG) and maintain the register throughout their lifecycle.
Explore the registerLess friction.
Better collaboration.
We combine transaction knowledge, technology and regulatory expertise, supported by an experienced partner network and the aim of reducing breaks between systems and manual coordination.
Meet the team
From analogue processes to digital structures.Recognising potential. Rethinking structures.
Fewer detours.
Stronger connections.
Private markets involve individual structures and many participants. Digital securities can help: with a register entry replacing the physical certificate and a shared basis for the processes involved.
- 01
Understanding the transaction
We look at your project, the parties involved and the requirements for a digital securities structure.
- 02
Creating the digital foundation
We implement registration with or without tokenisation in collaboration with your partners.
- 03
Thinking beyond the entry
We maintain the register throughout the lifecycle, keeping the processes surrounding the security in view.
Private markets. Moving forward together.
The potential is there.
We make it
work digitally.
Transaction expertise meets register maintenance.
Bringing digital change into practice.
02 / Possibilities that take you further
Value with
perspective.
Private markets take many forms: a bond for a medium-sized business, a new fund share class or real estate financing. We approach digital register maintenance from the perspective of your project.
01 SME financing
02 Crypto fund units
03 Registered shares
04 Real estate securitisation
05 Real estate projects
Big plans deserve
new financing options.
Companies with medium- to long-term financing needs can issue an electronic bond. This opens access to a wider pool of capital providers and can reduce dependence on individual bank financing arrangements.
Capital market financing, used by large corporations for decades, is also available to medium-sized businesses. Terms and economic suitability depend on the specific project.
Bearer debt securities · BondsDiscuss your project
Fund units.
Digitally reimagined.
Entering fund units in a crypto securities register is a step towards a world of instant settlement. It may also open up new digital distribution channels.
A complete transition is not essential: individual share classes can also be issued as crypto fund units. This allows a targeted introduction.
Fund units · Individual share classesDiscuss your project
Shares with a
digital foundation.
By entering registered shares in a crypto securities register, stock corporations gain access to professional register maintenance supervised by BaFin.
Digital registration provides a basis for further development. Tradability on a secondary market requires additional legal and technical conditions and does not result from the register entry alone.
Registered shares · Electronic sharesDiscuss your project
Real estate value.
A different way to access it.
In real estate securitisation, the land register entry itself does not become a security. Instead, a special purpose vehicle (SPV) holding the property can issue participation certificates.
The terms of issue can provide for participation in rental income and future sale proceeds. This allows economic interests in a property to be represented by securities.
Participation certificatesDiscuss your project
Space for new
financing concepts.
Issuing a crypto security can be used to raise mezzanine capital or to finance the debt portion of a real estate project through a bond.
This provides another financing option alongside traditional credit structures. The design depends on the project structure and its specific requirements.
Mezzanine capital · Project bondsDiscuss your project
The eWpG permits, among other instruments, bearer debt securities such as conventional bonds, convertible bonds and bonds with warrants, participation certificates, warrants and investment certificates, as well as fund units and registered shares.
03 / Crypto securities register
Open.
Transparent.
Accessible.
Here you will find information about the securities for which GfK acts as the registrar, together with legal information and certificates.
Questions about the register? Get in touch.04 / The people behind GfK
The future
is a matter of
experience.
We are experts in private-market transactions. Our team combines decades of capital market experience with in-depth expertise in financial technology and regulation.
Our core business is maintaining a crypto securities register under the German Electronic Securities Act. Our ambition: to handle complex requirements with clarity and personal responsibility.
Matthias Albrecht
Technology
Thomas Kramer
Business Development
Michael Heinks
Risk Control & Compliance
Good to know
Key questions.
Clear answers.
Would you like to learn more?
We would be happy to talk.
How does GfK make private markets work digitally?
We combine our expertise in private-market transactions with our authorisation to maintain crypto securities registers. Together with issuers and partners, we consider the transaction requirements and implement registration of electronic securities – with or without tokenisation. The register can provide a digital foundation for more efficient processes. The specific design depends on the project.
What is a crypto securities register?
A crypto securities register is an electronic securities register under the eWpG. It is maintained on a tamper-proof recording system in which data is logged chronologically and stored with protection against unauthorised deletion and subsequent alteration. The register entry replaces the traditional physical securities certificate.
Does a security have to be tokenised?
GfK implements registrations with and without tokenisation. We discuss the appropriate design for your project based on your requirements and the planned structure.
Which securities are eligible?
The possibilities include bearer debt securities, such as bonds, convertible bonds and bonds with warrants, participation certificates, warrants and investment certificates, as well as fund units and registered shares. Each issue must meet the applicable legal requirements.
Where can I find documents and certificates?
In the register section you will find the terms of issue, legal information on register maintenance, the root certificate and the PDF intermediate certificate. Publicly accessible terms of issue are available on a separate page.
Does GfK offer investments or payment accounts?
No. GfK maintains crypto securities registers. It does not offer investment advice, custody of crypto assets or crypto securities, placement services, payment services or account management, and does not act as a paying agent. Further information is provided in our identity misuse warning.
The next step starts with a conversation.
The next
entry?
Your project.
Are you planning an issue or do you have questions about register maintenance? Let us talk about your project.
Get in touchOpens your email application.Our location
A concern or complaint? Start a dialogueBahnstraße 33
47877 Willich, Germany
Please stay alert
Trust deserves a second look.
Unknown parties misuse our company details for deceptive offers. Check our authorised websites and secure contact channels. GfK does not offer investment advice, custody, placement services, payment services or account management and is not a paying agent.