Naslov
Blockchain as the Catalyst in the Shift from Closed to Open Limited Liability Companies: The Case of Greyp Bikes

Autori
Mutabžija, Jasmina

Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, znanstveni

Knjiga
Balkan Yearbook of European and International Law 2021

Urednik/ci
Meškić, Zlatan ; Kunda, Ivana ; Popović, Dušan ; Omerović, Enis

Izdavač
Springer

Grad
Cham

Godina
2022

Raspon stranica
239-258

ISBN
978-3-030-97430-5

Ključne riječi
Blockchain, Tokenization of Shares, Equity Token, Limited Liability Company, Share Transfer

Sažetak
One of the practices that has appeared in recent years, as a form of equity crowdfunding aiming to simplify the process of raising investment capital for limited liability companies, is the tokenization of shares or rights associated with shares in limited liability companies, with the help of blockchain technology. Since legal literature related to the use of blockchain in the context of closed (closely-held, unlisted, private) companies, in particular, limited liability companies is scarce, this paper endeavors to be a contribution in the process of filling that void. Its main aim is to show how the use of blockchain technology in this context facilitates the move from private to more open limited liability companies in Europe. The paper thus commences by explaining the concept of tokenization and identifying three of the legal models of tokenizing shares in limited liability companies in Europe, and continues in a form of a study of the recent case of tokenization of shares conducted by the Croatian limited liability company Greyp Bikes, offering an analysis of several different aspects of the case.

Izvorni jezik
Engleski

Znanstvena područja
Pravo

POVEZANOST RADA