The continuation of the Helvetia Pilot marks a significant milestone, paving the way for wider adoption of the tokenized ecosystem. It allows financial market participants to continue settling tokenized securities transaction on SDX in central bank money and to explore the added value of tokenization and integrated settlement.

"This represents a major step forward in the financial industry's digital transformation,” said Jos Dijsselhof, CEO, SIX. “Pioneering the use of wholesale central bank digital currency goes beyond enhancing the efficiency and security of financial transactions, it is the groundwork for the future of finance. This project underscores our commitment to innovation and cements Switzerland’s position at the forefront of digital asset adoption in capital markets."

David Newns, Head of SIX Digital Exchange, added: "Robust and scalable financial market infrastructure requires that wholesale transactions be settled in central bank money, the safest form of money. To fully utilize blockchain's potential, both the tokenized investment and the settlement asset must be on the same chain. Project Helvetia III demonstrated that SDX can meet these requirements. The participation of leading financial institutions and the issuance of six digital bonds to date, totalling more than CHF 750 million, settled in wCBDC, highlights market confidence in our digital asset infrastructure. SDX continues to advance digital financial markets, with the continued Helvetia Pilot allowing more participants to adopt digital assets with on-chain wCBDC settlement.”

Any questions?

Please do not hesitate to contact Jürg Schneider.

About SIX
SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centers, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries.