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BX Digital Begins Onboarding for Switzerland’s First Licensed DLT Trading Facility

  • BX Digital in Switzerland has initiated the onboarding process for the country's first licensed DLT trading facility.
  • Five participants, including Swiss banks Sygnum Bank and Incore Bank, are preparing to join the platform for regulated digital asset trading.
  • The platform aims to create a liquid and trustworthy ecosystem for digital financial assets with settlement in Swiss francs on a public blockchain.
  • BX Digital's trading system, featuring tokenized instruments, is set to go live in the coming months with a focus on verified delivery versus payment trades.

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