BX Digital
- Company typePrivate
- Founded2023
- HeadquartersZürich, Switzerland
- Headcount1–10
- GTM typeB2B
- OfferingServices
BX Digital firmographics
Firmographics- Name
- BX Digital
- Legal name
- BX Digital AG
- Website
- https://bxdigital.ch
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
BX Digital industry classification
Industry- Product category
- Digital Securities Exchange & DLT Settlement Infrastructure
- NAICS
- Securities and Commodity Exchanges (52321), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade) (FSAGAMAC)
- akta.pro secondary industries
- Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA), Fiat On/Off-Ramps & Payment Rails (Exchange-Operated) (FSADAAAF)
Keywords
Where BX Digital is headquartered
LocationHeadquarters
- HQ city
- Zürich
- HQ country
- Switzerland
- HQ region
- Europe
Offices1 record
Markets served
BX Digital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Trading and Settlement Fees: BX Digital generates revenue through transaction and trading fees charged to participants and issuers for trading and settlement services on the DLT trading system.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Standard transaction-based fee model for trading and settlement |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
BX Digital product offering
Product offeringCore offering
BX Digital operates a Swiss-regulated, FINMA-authorized DLT trading and settlement system for digital assets, enabling the secondary-market trading of tokenized shares, bonds, Exchange Traded Products (ETPs), and tracker certificates on public blockchain infrastructure. Settlement is executed through Delivery versus Payment (DvP) smart contracts in Swiss francs via direct connection to the Swiss Interbank Clearing (SIC) system of the Swiss National Bank, typically completing within 30 minutes without requiring central securities depositories, clearing houses, pre-funding, or stablecoins.
Product overview
BX Digital operates as a single unified product: a Swiss-regulated DLT trading and settlement platform for digital assets. The platform enables trading of tokenized equities, bonds, Exchange Traded Products (ETPs), and tracker certificates through a regulated process on public blockchain infrastructure. Settlement occurs via Delivery versus Payment (DvP) mechanism in Swiss francs through the Swiss Interbank Clearing System. Trading participants connect via FIX protocol and Ethereum wallet integration. Additional services include reporting tools and trade surveillance. The platform does not offer tokenization or capital-raising services.
Differentiator
Problem solved
Functional benefit
Products and services
- BX Digital Trading and Settlement Platform
- DLT Securities Trading
- Delivery versus Payment (DvP) Settlement
- Wallet Integration Services
- Regulatory Reporting and Trade Surveillance
Quantifiable outcome
- Settlement time reduced from 2 days to 30 minutes through DLT-based delivery versus payment mechanism
- +1 more outcomes
Companies that use BX Digital
Customer profileSegments3 records
Ideal customer profiles2 records
BX Digital technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature4 records
BX Digital partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- ChainlinkcoreStrategic collaboration for data and interoperability infrastructure. BX Digital plans to publish exchange-generated data to Chainlink for use in digital securities and tokenized asset applications. Frank Seibold, Managing Director and Global Head of Banking and Capital Markets at Chainlink, appeared on the Inside Digital Assets podcast discussing oracle solutions, smart NAV, and cross-chain interoperability.
- SWIATcoreCollaboration on shared ledger technology for digital assets in regulated capital markets. Ivica Aračić from SWIAT discussed rational approaches to shared ledger infrastructure in an Inside Digital Assets podcast episode.
- ISP GroupcoreISP Group works with BX Digital on tokenization and secondary market infrastructure. Tom Rieder from ISP Group discussed making real-world assets like the Eiffel Tower investable via DLT on the Inside Digital Assets podcast.
- Morgan StanleycoreMorgan Stanley representatives have appeared on the Inside Digital Assets podcast discussing tokenization, digital asset settlement, and European capital market infrastructure developments.
- Swiss National Bank (SNB)coreBX Digital is directly connected to the Swiss Interbank Clearing System (SIC) operated by the Swiss National Bank, enabling settlement of digital asset transactions in Swiss francs via central bank money.
- SeturioncoreSeturion owns BX Digital and is part of Boerse Stuttgart Group. As a pioneer in tokenized assets, Seturion is building a unified issuance and settlement infrastructure for the European capital market by leveraging existing public and private blockchains.
- Boerse Stuttgart GroupcoreBX Digital is the sister company of BX Swiss and part of Boerse Stuttgart Group, the sixth largest exchange group in Europe. Boerse Stuttgart Digital has established the largest digital and crypto business among European exchange groups.
- Capital Markets Technology Association (CMTA)coreBX Digital supports the CMTA tokenization standard developed by an ecosystem of tokenizers and banks to support creation of a large and interoperable market for tokenized securities.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
BX Digital competitors and assessment
Company assessmentDirect peers
- SWIAT: European shared-ledger platform for regulated digital securities issuance and settlement. Comparable to BX Digital in regulatory-first DLT infrastructure design, with overlapping target segments in European banks and corporate issuers.
- SIX Digital Exchange (SDX): Operates a regulated Swiss DLT-based venue for tokenized securities and digital assets. Direct competitor to BX Digital in the Swiss regulated tokenized-securities trading market, with overlapping issuer and trading-participant target segments.
- Taurus: Swiss-headquartered digital asset infrastructure provider offering custody, tokenization, and trading infrastructure to banks and asset managers. Comparable to BX Digital in its regulated Swiss DLT focus and bank-grade client base.
Broad incumbents
- Société Générale-Forge: Regulated entity of Société Générale offering issuance, custody, and trading of tokenized financial instruments on DLT. Comparable to BX Digital as a regulated venue for tokenized securities, but with deeper banking-group backing and broader asset-class coverage.
- Goldman Sachs Digital Assets: Goldman Sachs's DLT-based platform for issuing, settling, and trading digital assets across multiple blockchain networks. Comparable in regulated tokenized-securities trading ambition, with significantly larger balance-sheet and institutional client reach.
- Kinexys (formerly Onyx by J.P. Morgan): J.P. Morgan's blockchain-based financial services platform covering tokenized collateral, payments, and asset services. Comparable to BX Digital in regulated DLT infrastructure, with deeper institutional distribution and capital backing.
Emerging players
- HQLAx: DLT-based platform for securities lending and collateral mobilization using fungible baskets of securities. Comparable to BX Digital in DLT-based post-trade infrastructure for regulated securities, with a narrower collateral-management focus.
- Fnality International: Wholesale CBDC settlement network connecting central bank money across major currencies for tokenized asset DvP. Comparable to BX Digital in central-bank-money settlement design, focused on multi-currency interoperability rather than venue operation.
- Bitfinex Securities: Regulated tokenized securities exchange operated in partnership with Bitfinex, focused on smaller-cap and growth-company equity issuance. Comparable to BX Digital in tokenized-securities trading, with a different regulatory domicile and lighter institutional footprint.
Others
- Securitize: Tokenization platform enabling regulated issuance, transfer, and servicing of digital securities. Adjacent ecosystem player to BX Digital — feeds tokenized assets into secondary venues like BX Digital but does not operate a trading exchange itself.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
BX Digital social profiles
Digital presenceBX Digital compliance and trust
Trust signalCompliance3 records
BX Digital financial estimates
Financial estimateRevenue estimate
Valuation estimate
BX Digital leadership team
Management profileNumber of profiles
Profiles15 records
BX Digital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BX Digital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BX Digital
What does BX Digital do?
BX Digital operates a Swiss-regulated, FINMA-authorized DLT trading and settlement system for digital assets, enabling the secondary-market trading of tokenized shares, bonds, Exchange Traded Products (ETPs), and tracker certificates on public blockchain infrastructure. Settlement is executed through Delivery versus Payment (DvP) smart contracts in Swiss francs via direct connection to the Swiss Interbank Clearing (SIC) system of the Swiss National Bank, typically completing within 30 minutes without requiring central securities depositories, clearing houses, pre-funding, or stablecoins.
Is BX Digital a public or private company?
BX Digital is a private company. It is classified as corporate owned and is currently operating.
When was BX Digital founded?
BX Digital was founded in 2023. It employs 1 to 10 people.
Where is BX Digital based?
BX Digital is headquartered in Zürich, Switzerland, in the Europe region.
How does BX Digital make money?
One revenue line is on record: trading and Settlement Fees.
Who are BX Digital's main competitors?
Direct peers on record are SWIAT, SIX Digital Exchange (SDX) and Taurus. Broad incumbents are Société Générale-Forge, Goldman Sachs Digital Assets and Kinexys (formerly Onyx by J.P. Morgan). Emerging players are HQLAx, Fnality International and Bitfinex Securities. Securitize is listed as an others.
Does BX Digital have an API?
No public API is recorded for BX Digital.
What industry is BX Digital in?
BX Digital's product category is Digital Securities Exchange & DLT Settlement Infrastructure. Its primary akta.pro industry code is FSAGAMAC, Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade), with a secondary code of FSADAAAA, Spot Crypto Exchanges (Order-Book & Matching Engine). Its NAICS code is 52321 and its SIC code is 6200.