Draggable Aktionariat AG

DAKS Price

About Draggable Aktionariat AG (DAKS)

Draggable Aktionariat AG (DAKS) is a legal security token representing equity in the Swiss company Aktionariat AG, specifically designed to incorporate automated drag-along rights for private market investors.

• Legal Equity Representation: Each DAKS token represents one share of Aktionariat AG, a company providing infrastructure for the tokenization of private equity.
• Automated Drag-Along Rights: The token uses smart contracts to technically enforce co-sale obligations, allowing a majority of token holders to coordinate a full exit.
• Swiss Regulatory Compliance: DAKS is issued as a ledger-based security under Swiss law, allowing shareholders to be formally recorded in a digital registry.

What Is Draggable Aktionariat AG

Draggable Aktionariat AG (DAKS) is a specialized "wrapper" token for the base shares (AKS) of Aktionariat AG. While the base shares represent standard equity, the DAKS wrapper adds a layer of technical governance that facilitates the collective sale of the company. It serves as a bridge between traditional corporate law and decentralized finance, allowing private company equity to be managed with the efficiency of a digital asset.

Value moves through the system as investors use the Aktionariat ecosystem to buy and trade tokenized shares of Swiss corporations. The DAKS token itself is "put to work" by enabling a streamlined exit process; any potential acquirer can initiate an offer for 100% of the draggable shares through the smart contract. If a specific quorum of holders agrees to the sale, the contract automatically executes the transfer, replacing the equity tokens with the sale proceeds for all holders.

As the Aktionariat ecosystem grows to include more tokenized companies and a larger base of registered investors, the DAKS token facilitates a more liquid and efficient market for Aktionariat's own equity. This scalability is supported by the platform's non-custodial wallet and issuer portal, which automate shareholder management and compliance tasks.

What Makes Draggable Aktionariat AG Unique

• Partially Automated Enforcement: Unlike traditional legal agreements that require manual litigation, DAKS uses a smart contract to enforce the "drag-along" provision, which is a common requirement in venture capital and private equity.
• Native Swiss Compliance: The token is built specifically to align with the Swiss Code of Obligations, recognizing the blockchain as a valid sub-register for the company's share ledger.
• Wrapper Architecture: It allows shareholders to move between standard equity tokens and "draggable" tokens, providing flexibility in how they choose to hold their ownership stakes.
• Direct Shareholder Registration: Holders of DAKS can register themselves directly in the company's shareholder registry through the Aktionariat mobile app, maintaining their legal status as shareholders while holding digital assets.

What Can You Use Draggable Aktionariat AG for?

• Equity Ownership: Investors hold DAKS to maintain a legal ownership stake in Aktionariat AG, including rights to potential dividends and participation in company growth.
• Governance Participation: The token allows holders to vote on acquisition offers initiated through the smart contract, determining the outcome of potential company buyouts.
• Digital Portfolio Management: Shareholders can track the performance and valuation of their holdings alongside other real-world assets within the Aktionariat Portfolio App.
• Compliant Transfers: DAKS can be transferred between investors in a peer-to-peer manner while ensuring the underlying share register is updated to reflect the new ownership.

How Does Draggable Aktionariat AG Work?

DAKS operates as an ERC-20 token on the Ethereum blockchain. It functions through a Drag-Along Smart Contract that "wraps" the base share tokens. When a user sends their base tokens to this contract, they receive an equivalent number of DAKS tokens in return. The contract is a recognized sub-register, meaning the blockchain record serves as the official evidence of ownership for the company.

The technical mechanism for an acquisition involves an offering party calling a specific function in the smart contract and providing the necessary funds. This triggers a 60-day voting period during which token holders can cast "yes" or "no" votes. If an acquisition quorum of 75% is reached, the contract automatically assigns the wrapped base tokens to the buyer and replaces them with the sale proceeds (typically a stablecoin). Users interact with this infrastructure using the Aktionariat app, and transactions incur protocol service fees to cover the costs of the decentralized network.

Team Info and Investors

Aktionariat AG was founded in 2021 and is headquartered in Zürich, Switzerland. The project was established by a team with backgrounds in software engineering and Swiss corporate law, aiming to modernize private equity markets. The company's governance is structured around a traditional board of directors, while its shareholder management is handled through its own proprietary digital tools. While the source material highlights that the platform is used by over 80 Swiss corporations and thousands of investors, it does not specify individual major venture capital investors or early funding round details.

Where can you buy Draggable Aktionariat AG?

DAKS tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Draggable Aktionariat AG is Aktionariat (Ethereum), where the most active trading pair DAKS/ZCHF has a trading volume of $1,126.01 in the last 24 hours.

What is the daily trading volume of Draggable Aktionariat AG (DAKS)?

The trading volume of Draggable Aktionariat AG (DAKS) is $1,126.01 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Draggable Aktionariat AG (DAKS)?

Draggable Aktionariat AG (DAKS) reached an all-time high of $15.98 and an all-time low of $6.21. It’s now trading -61.20% below that peak and 0.00% above its lowest price.

What is the market cap of Draggable Aktionariat AG (DAKS)?

Market capitalization of Draggable Aktionariat AG (DAKS) is $4,965,062 and is ranked #1489 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of DAKS tokens (800 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Draggable Aktionariat AG (DAKS)?

The fully diluted valuation (FDV) of Draggable Aktionariat AG (DAKS) is $4,965,062. This is a statistical representation of the maximum market cap, assuming total number of 800 Thousand ETH tokens are in circulation today.

How does the price performance of Draggable Aktionariat AG compare against its peers?

With a price increase of 0.00% in the last 7 days, Draggable Aktionariat AG (DAKS) is underperforming the global cryptocurrency market which is up 0.90%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Draggable Aktionariat AG (DAKS) to MetaMask?

Adding Draggable Aktionariat AG (DAKS) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import DAKS as a token. You can copy DAKS’s contract address (0x6f38e0f1a73c96cb3f42598613ea3474f09cb200) and import it manually, or if you've installed MetaMask's chrome extension, add DAKS to MetaMask with one click on CoinGecko.

Add DAKS to MetaMask.