Swiss National Bank

Swiss Cantons Basel-City and Zurich pioneer the settlement of digital bonds transactions in SNB's Swiss-Franc wCBDC on SIX Digital Exchange

Retrieved on: 
Monday, December 4, 2023

ZURICH, Dec. 4, 2023 /PRNewswire/ -- On 1 December 2023, digital bond issuances by the Cantons of Basel-City and Zurich were successfully settled using real CHF wholesale central bank digital currency (wCBDC) issued by the Swiss National Bank (SNB) on SIX Digital Exchange (SDX).

Key Points: 
  • ZURICH, Dec. 4, 2023 /PRNewswire/ -- On 1 December 2023, digital bond issuances by the Cantons of Basel-City and Zurich were successfully settled using real CHF wholesale central bank digital currency (wCBDC) issued by the Swiss National Bank (SNB) on SIX Digital Exchange (SDX).
  • It is the first time the SNB has issued real wCBDC in Swiss francs on a financial market infrastructure based on distributed ledger technology (DLT).
  • As part of the project, Basler Kantonalbank and Zürcher Kantonalbank, acted as issuer agents of the cantons of Basel -City and Zurich .
  • In addition, as dual-listed bonds, they will be listed and tradeable at SDX (exchange) and SIX Swiss Exchange.

SIX collaborates with the Swiss National Bank to pilot wholesale CBDC issuance in Switzerland

Retrieved on: 
Thursday, November 2, 2023

SIX , the Swiss National Bank (SNB) and six commercial banks, will collaborate on a ground-breaking pilot focused on tokenized central bank money for financial institutions (wholesale CBDC).

Key Points: 
  • SIX , the Swiss National Bank (SNB) and six commercial banks, will collaborate on a ground-breaking pilot focused on tokenized central bank money for financial institutions (wholesale CBDC).
  • This pilot, Helvetia Phase III, will, for the first time, see the orchestration of a real Swiss Franc wCBDC settling digital securities transactions.
  • The pilot builds on the findings of earlier Helvetia Phases I and II by the BIS Innovation Hub, the SNB and SIX.
  • Participating banks will be able to issue digital Swiss Franc bonds, which will be settled against wCBDC on a delivery-versus-payment basis.

Diamond Lake Minerals Strengthens Advisory Board with Seasoned Entrepreneur and Blockchain Expert Agnes Budzyn

Retrieved on: 
Friday, October 6, 2023

Ms. Budzyn is a distinguished entrepreneur, and board member with a wealth of experience in blockchain, digital assets, and traditional finance.

Key Points: 
  • Ms. Budzyn is a distinguished entrepreneur, and board member with a wealth of experience in blockchain, digital assets, and traditional finance.
  • Brian J. Esposito, CEO of DLMI, expressed his enthusiasm for Agnes Budzyn joining the team, stating, "We are privileged to welcome Agnes Budzyn to our advisory board.
  • Her expertise and deep understanding of blockchain, digital assets, and finance align perfectly with our mission at Diamond Lake Minerals.
  • With the addition of Agnes Budzyn to the advisory board, Diamond Lake Minerals reinforces its commitment to innovation and excellence in the digital asset and security token industry.

Fireblocks Acquires Tokenization Firm BlockFold to Serve Industry's Largest Banks & Financial Institutions

Retrieved on: 
Friday, September 29, 2023

BCG projects that the tokenization of financial assets on the blockchain will grow into a $16 trillion market by 2030 and will represent 10% of all financial assets.

Key Points: 
  • BCG projects that the tokenization of financial assets on the blockchain will grow into a $16 trillion market by 2030 and will represent 10% of all financial assets.
  • Against this backdrop, Fireblocks has seen rapid growth in demand from customers, with a 350% increase in tokenization projects between 2022 and 2023, and 75% of tier-1 financial institutions exploring tokenization via its platform.
  • Bringing BlockFold's expertise in-house means that we can better serve tier-1 financial institutions to quickly and seamlessly bring tokenization projects into production and new assets onto the blockchain.
  • To learn more about how Fireblocks supports financial institutions with their tokenization operations, visit www.fireblocks.com/platforms/tokenization

Swiss Privacy Comes to Debit Card Payments with the AnonyCard ICO

Retrieved on: 
Monday, September 18, 2023

The ICO will fund the development of its 100% crypto bank card in collaboration with major Swiss financial service providers.

Key Points: 
  • The ICO will fund the development of its 100% crypto bank card in collaboration with major Swiss financial service providers.
  • AnonyCard will be the first crypto debit card that is:
    Additionally, AnonyCard presents extraordinarily low transaction fees, at a level of 0.1% and a maximum of 100USDT, which is more akin to trading fees on exchanges, than typical credit/debit card fees which can be as high as 5%.
  • Finally, AnonyCard will distribute 20% of the profits generated via transaction fees to ANCA token holders.
  • To support the ecosystem, AnonyCard has just launched its ICO for the ANCA token, based on the Ethereum blockchain.

Helvetica Swiss Opportunity Fund – Occupancy rate at a very high level

Retrieved on: 
Tuesday, August 22, 2023

Portfolio growth by a total of 3.3 percent or 10.7 million Swiss francs to 332.5 million Swiss francs.

Key Points: 
  • Portfolio growth by a total of 3.3 percent or 10.7 million Swiss francs to 332.5 million Swiss francs.
  • Despite the existing uncertainty in the market, the Helvetica Swiss Opportunity Fund showed consistency in the first half of 2023.
  • Annual rental income grew by 1.4 million Swiss francs from 16.8 million Swiss francs to 18.2 million Swiss francs.
  • After deduction of liabilities of 142.9 million Swiss francs and liquidation taxes of 15.7 million Swiss francs, net fund assets were 7.5 million Swiss francs lower than in the previous year at 181.8 million Swiss francs.

Helvetica Swiss Living Fund – Increasing demand for living space shows effect

Retrieved on: 
Tuesday, August 22, 2023

Zurich, August 18, 2023 – The Helvetica Swiss Living Fund (HSL Fund) benefited from strong demand for residential space in the first half of 2023.

Key Points: 
  • Zurich, August 18, 2023 – The Helvetica Swiss Living Fund (HSL Fund) benefited from strong demand for residential space in the first half of 2023.
  • This positive development is reflected in annualized rental income, which increased from 28.9 million Swiss francs to 29.5 million Swiss francs- an increase of 0.6 million Swiss francs.
  • Cash and cash equivalents decreased by 2.2 million Swiss francs to 1.2 million Swiss francs, while other assets increased by 0.1 million Swiss francs to 6.7 million Swiss francs.
  • After deduction of liabilities and liquidation taxes, net fund assets were 15.1 million Swiss francs lower at 431.6 million Swiss francs.

Bachoco Informs About Intent to Initiate Delisting Process in Mexico

Retrieved on: 
Wednesday, May 24, 2023

de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).

Key Points: 
  • de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • The Company was founded in 1952, and began trading on the Mexican Stock Exchange and the New York Exchange in 1997.
  • Bachoco is vertically integrated; its main business lines are: chicken, eggs, balanced feed, pork, among other products.

Northern Trust Pension Universe Data: Canadian Pension Plans on solid footing in Q1 2023 despite market turmoil

Retrieved on: 
Monday, May 1, 2023

Canadian Pension plan investment returns demonstrated resilience during the first quarter of the year, shrugging off volatility and turmoil that erupted within the U.S. banking sector, according to the Northern Trust Canada Universe.

Key Points: 
  • Canadian Pension plan investment returns demonstrated resilience during the first quarter of the year, shrugging off volatility and turmoil that erupted within the U.S. banking sector, according to the Northern Trust Canada Universe.
  • The median Canadian Pension Plan returned 4.2% for the quarter.
  • The Northern Trust Canada universe tracks the performance of Canadian institutional defined benefit plans that subscribe to performance measurement services as part of Northern Trust’s asset servicing solutions.
  • The Canadian Fixed Income market, as measured by the FTSE Canada Universe Bond Index, started off the year strong advancing 3.2% for the quarter.

Frequency of 7-day US dollar liquidity-providing operations as of 1 May 2023

Retrieved on: 
Wednesday, April 26, 2023

This operational change will be effective as of 1 May 2023, and 7-day operations will be held according to the posted schedules.

Key Points: 
  • This operational change will be effective as of 1 May 2023, and 7-day operations will be held according to the posted schedules.
  • These central banks stand ready to re-adjust the provision of US dollar liquidity as warranted by market conditions.
  • For media queries, please contact Eva Taylor, tel.
  • Notes
    - US dollar collateralised operations
    - Indicative calendar for the Eurosystem's tender operations in USD
    - ECB’s open market operations
    - Explainer: What are currency swap lines?