SNB to test wholesale CBDC in real-world pilot

Tokenised assets will be settled on the SIX Digital Exchange

Swiss National Bank (SNB)
Jennifer Delaney

The Swiss National Bank would issue a wholesale central bank digital currency (wCBDC) for use by Switzerland’s main provider of financial infrastructure services “soon”, chairman Thomas Jordan said at a conference on June 26. 

The SNB will launch the wholesale CBDC on the SIX Digital Exchange, to settle transactions of tokenised securities as part of a pilot for a limited time. 

Jordan’s comments come after the SNB, Bank for International Settlements and SIX reported successfully integrating

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.