HEUKING advises on yet another alternative IPO – FINEXITY AG successfully listed on m:access

HEUKING legally advised FINEXITY AG comprehensively on its stock market listing. The company’s shares will trade on Munich Stock Exchange’s m:access segment for small and medium-sized enterprises starting September 5, 2025. 

With the listing, FINEXITY AG expands its visibility in the capital markets and underscores its position as a leading trading and settlement platform for tokenized private-market investments. The IPO route was implemented through a combination of several pre-IPO capital increases followed by a subsequent listing. 

FINEXITY AG operates in the digital assets space with offices in Germany, Switzerland, Liechtenstein, and the United Arab Emirates. Through its proprietary OTC platform infrastructure, the company connects over 50 issuers of tokenized private-market investments with six trading partners and more than 84,000 registered investors. The network includes Effecta GmbH, which FINEXITY is currently acquiring. The platform enables investments in alternative asset classes such as private equity, private credit, real estate, infrastructure, renewable energy, and collectibles. 

A HEUKING team led by Dr. Thorsten Kuthe legally advised FINEXITY AG on its listing and acquisition of a stake in Effecta GmbH. The team regularly supports FINEXITY with regulatory and capital-markets structuring and documentation of tokenized issuances. 

By advising FINEXITY AG, HEUKING is once again involved in an alternative path to the public markets in a year with few traditional IPOs. In recent months, the team has advised on the listing of TIN INN GmbH in the Scale segment, as well as on several reverse IPOs, acquisitions of shell companies, and spin-offs of listed companies. 

Counsel to FINEXITY AG
HEUKING:
Dr. Thorsten Kuthe (Lead),
Meike Dresler-Lenz,
Meike Daniels (all Corporate / Capital Markets), all Cologne