Swarm is a fintech firm based in Berlin, Germany that swarm is a bafin-regulated defi platform, headquartered in berlin, enabling compliant tokenization and trading of real-world assets including stocks, bonds and other holdings on ethereum. co-founded by philipp pieper and timo lehes, it positions itself as one of the first licensed defi platforms in germany. swarm operates a permissionless dotc (decentralized over-the-counter) platform for fully collateralized, instant-settlement trades of tokenized assets. They serve clients in Germany, European Union. Swarm is listed on The Token Playbook's vetted provider registry at thetokenplaybook.com/registry/swarm.