Case Study: BX Digital achieves regulated blockchain settlement in minutes with GFT Technologies

BX Digital cuts settlement time from 2 days to minutes with GFT Technologies

BX Digital, a Swiss subsidiary of Boerse Stuttgart Group, faced the challenge of building Switzerland's first fully regulated, blockchain-based trading and settlement platform for digital assets from scratch. Their goal was to drastically reduce settlement times and eliminate intermediaries while meeting the strict requirements for a license from the Swiss financial regulator, FINMA. They partnered with technology vendor GFT to co-create this new market infrastructure.

GFT designed and delivered a secure solution built on the Ethereum blockchain, which integrated with the Swiss National Bank's payment system for Swiss franc settlements. This platform achieved full regulatory approval from FINMA, making BX Digital the first licensed multilateral trading system of its kind in Switzerland. The solution slashed settlement times from two days to just a few minutes, attracting major financial institutions and transforming the speed and transparency of digital asset trading.

BX Digital