GFT
17 Case Studies
Case Study: BX Digital Launches Switzerland’s First Regulated Blockchain Settlement System with GFT
A GFT Case Study
BX Digital cuts settlement time from 2 days to minutes with GFT
BX Digital, the Swiss subsidiary of Boerse Stuttgart Group, faced the challenge of building a regulated distributed ledger technology (DLT) trading and settlement platform from scratch. They needed to obtain a strict FINMA license and create a system that could bridge innovative blockchain technology with conservative capital markets regulations. They partnered with vendor GFT to co-create this new market infrastructure.
The solution, built by GFT, was a FINMA-certified platform using blockchain settlement on Ethereum, integrated with the Swiss National Bank's payment system. This GFT-delivered system reduced settlement time from two days to just a few minutes, eliminated intermediaries, and became Switzerland's first licensed multilateral trading system for digital assets, attracting major financial institutions as participants.
View this case study…