Incorporation of joint stock companies with cryptocurrencies as capital in Turkish and Swiss comparative law

Joint-stock companies obligate founder shareholders to bringing cash or in-kind contribution as capital to the company. The obligation of payment of the capital can be fulfilled with several kinds of assets that should not be prohibited and there should not be any legal or actual obstacle. Crypto-currencies have been grabbing attention among the masses globally thanks to the varied crypto-asset service provider platforms emerging from day to day. As a result of the aforementioned attention, the market values of the volume-based toplisted crypto-currencies have been increasing. Despite the high demand for cryptocurrencies, that is still blurred whether founders wishing to bring cryptocurrencies as a contribution to the company in regard of the Turkish Commercial Code can fulfill their capital investment obligation with cryptocurrencies. Moreover, in case the answer is yes, the how should be answered. This study affords to answer these questions with a comparative research of Turkish-Swiss laws in the light of the TCC and Swiss CO. Keywords: Blockchain, capital, cryptocurrencies, joint-stock company, TurkishSwiss comparative laws, valuation.