Just announced. Source: [https://blog.ltonetwork.com/why-the-digital-share-registry-is-a-major-signal-for-blockchain-adoption-in-the-netherlands-2/](https://blog.ltonetwork.com/why-the-digital-share-registry-is-a-major-signal-for-blockchain-adoption-in-the-netherlands-2/)
LTO Network and Dusk Network will provide Dutch companies with lifetime access to blockchain benefits.
Last year, we publicly announced the partnership between Dusk and LTO to enhance the Dutch digital share registry and tokenize the share ownership of thousands of companies each year. With the recent release of the Digital Share Registry, the collaboration enters its next phase: tokenization on Dusk Network.
**3 major updates to share**:
1. The Digital Share Registry launched on February 16th, 2021.
2. The joint initiative increasingly enjoys regulatory agreement, as Europe and the Royal Dutch Association of Civil-law Notaries (KNB) express their desire for a digital share registry.
3. The collaboration will enter the next phase: from Digitization to Tokenization.
The Digital Share Registry has been in the news frequently. In fact, European laws are currently being passed to mandate the inclusion of digital incorporation for the Netherlands. The Dutch Government has until the 1st of August 2021 to pass this law into effect. The Royal Dutch Association of Civil-law Notaries (KNB) has also confirmed their desire for a digital share registry.
Now, LTO Network and Dusk Network are collaborating to enhance the recently published Digital Share Registry with their blockchain solutions. In other words: the companies are jointly creating a Tokenized Share Registry.
In a Tokenized Share Registry, the company and its shareholders can seamlessly use other blockchain applications, such as trading infrastructure, or smart tools to quickly pay out dividend payments, organize shareholder votes, and more. And the best part is that companies are set up for a lifetime on blockchain with an ownership structure that grows alongside their company. This allows all kinds of businesses to access the benefits of blockchain, without requiring in-depth technical knowledge.
>*“When we talk with clients about the possibility of tokenization, they can hardly believe that at time of incorporation, they can already secure a way for themselves to attract growth capital down the line. Whether equity, debt, angel investors, with friends, or on a public exchange, they are in control to choose whatever best suits their needs, at a fraction of the costs.”* ***Rick Schmitz, CEO LTO Network***
>*“Thanks to LTO Network, we are able to append the companies’ on-chain smart contracts with mandatory off-chain notary approval. This means we can bridge the gap between the physical and the digital, opening up a whole ecosystem of new possibilities for companies on the platform, and add thousands of transactions to the Dusk Network.”* ***Jelle Pol, Business Director Dusk Network****.*
The Tokenized Share Registry is an essential part of fulfilling our ambition of a modern and fair financial ecosystem. Together with partners like LTO Network, as well as [stock exchange NPEX](https://dusk.network/news/dusk-network-becomes-shareholder-npex-stock-exchange), and [Business accelerator Investor Ready](https://dusk.network/news/security-token-financing-investor-ready), we bridge the gap between the traditional world and decentralized finance. Companies in the Netherlands are blessed with their early access to a fully tokenized value chain, and the competitive edge it provides them.