Thesetokensdonotqualifyassecuritiesonlyiftheirsolepurposeistoconferdigitalaccessrightstoanapplicationorserviceandiftheutilitytokencanalreadybeusedinthiswayatthepointofissue.Ifautilitytokenfunctionssolelyorpartiallyasaninvestmentineconomicterms,FINMAwilltreatsuchtokensassecurities(i.e.inthesamewayasassettokens).

诸如基础设施、产能和装3tKw、高新技术和先进制造、c2kx源资源、农业、服务业等hNmd有利于中国企业融入全球su6T业链和价值链的行业，监olin层还是会给予备案通过的sOcV