Live since 2018, the MPS token lets you become one of our shareholders and an owner of Mt Pelerin Group SA. Welcome to the era of tokenized shares!
Become a shareholderAttend our digital shareholders meetings and vote their agenda's items from your phone! One MPS token provides one vote.
The MPS token provides a right to receive the dividends of Mt Pelerin Group SA, which are decided once a year during the shareholders meeting.
Each MPS token that you hold provides a reduction of our crypto-fiat exchange service fee as well as an increase of the volume of transaction that you can do for free!
See our pricingEach MPS that you own gives you: | ||
---|---|---|
+CHF100 of free volume | up to 50,000 | |
-0.004% on fees | up to -0.4% |
The discount provided by MPS tokens only applies to our pricing up to 100k per year and doesn't apply to our OTC pricing (contact us for more info).
Add liquidity to the MPS pools and earn +1% in referral fees for each $100 of value added to the pool, up to a maximum of 50%:
The circulating MPS tokens can be transferred without restrictions. As a result they can be bought and sold on decentralized exchange platforms:
How to buy MPS tokensThe MPS tokens available on decentralized exchanges are not offered by Mt Pelerin Group SA. Furthermore, Mt Pelerin Group SA has no control over those platforms, notably over the price and quantities listed there.
The MPS is the incorporation of the shares of Mt Pelerin Group SA in the form of tokens on Ethereum and Gnosis Chain. They also exist in a non-tokenized form, as shown below:
Percentage of share-capital | 90% |
Circulating tokens | 500,000 |
Locked tokens | 8,500,000 |
Token ticker | MPS |
Token name | Mt Pelerin Shares |
Token type | ERC-20 |
Addresses | Ethereum Gnosis Chain |
Percentage of share-capital | 10% |
Number of shares | 1,000,000 |
ISIN | CH0539730892 |
FIGI | BBG00N73QMN3 |
Bloomberg | 1694205D SW Equity |
The MPS token was created in October 2018 when we incorporated Mt Pelerin Group SA. We tokenized ourselves to demonstrate the capabilities of Bridge Protocol, our asset tokenization technology. We sold 5% of our shares in a public seed round, which has funded our growth up to this day.
Read more1,600+
shareholders
13,000+
share transfers
The MPS token is an actual share of our company, not a derivative or a collateral-backed token. As a result, your shareholder rights are directly guaranteed and protected by Swiss law.
We were the first to tokenize shares, but also to un-tokenize them. We have established a process to convert share-tokens into bankable shares with a Swiss ISIN code, which can be deposited on a securities account in a bank.
Read moreYes, it is a security token or simply said it is a share of the company Mt Pelerin Group SA. To be more specific, it is an asset token as defined in the guidelines published by FINMA, the Swiss financial market supervisory authority.
MPS tokens need to be registered with the company in order to activate your voting and dividend rights associated with their ownership.
To do so, you simply need to identify with us and have MPS tokens stored on an address linked to your user profile.
Please note that we cannot accept shareholder registrations from persons from: Afghanistan, Belarus, Burundi, Central African Republic, Cuba, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, Zimbabwe.
No, if you are not interested in the MPS voting and dividend rights you don't need to register them. You can enjoy the MPS service benefits without having to identify.
No, you can store your MPS tokens on any wallet you want.
No, the MPS token is not divisible. Therefore, 1 MPS is the smallest possible unit of ownership in Mt Pelerin Group SA.
If your MPS tokens have been lost or stolen, contact us immediately.
The MPS token is the actual share of Mt Pelerin Group SA. Therefore, you should declare and report it in your tax return the same way as you would for the ownership of the shares of any other non-public company.
Each year, we communicate by email to registered shareholders the fiscal value of the MPS as established by the Swiss cantonal administration.
If you have any questions on how to declare MPS, please contact your local tax administration.
Under Swiss law, any dividend must be proposed by the board of directors of Mt Pelerin Group SA and approved by a general meeting of the shareholders.
Any proposal by the board of directors to distribute a dividend, if any, will depend on different parameters notably the company's results of operations, financial condition, cash requirements and other relevant legal considerations (sufficient reserves).
Only the 500,000 MPS tokens sold in 2018 are freely transferable. The 95% remaining MPS tokens belong to our holding company, team and advisors. They are all locked and bound by shareholder agreements.
The main purpose of those 95% tokens is to conduct possible future rounds of funding (not public). In such case, we commit to protect our crowd investors by raising funds through the holding company selling its own shares, not through the dilution of the circulating 500,000 MPS tokens.