Share this article
Swiss Blockchain Consortium Develops Ethereum Trading Tool
Firms in Switzerland working on an ethereum-based OTC trading platform say they have completed work on a new privacy solution.
By Stan Higgins
Updated Sep 11, 2021, 1:02 p.m. Published Jan 30, 2017, 3:00 p.m.
Make us preferred on Google
Businesses in Switzerland working on an ethereum-based over-the-counter (OTC) trading platform say they have completed work on a new privacy solution.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
, the consortium includes a number of Swiss companies amongst its ranks, including telecom operator Swisscom, exchange operator SIX and Zürcher Kantonalbank, the country’s fourth-largest bank. The group is receiving support from Switzerland’s Commission for Technology and Innovation (CTI), a research organization supported by the federal government.
Now, the companies have jointly developed what they call an "encryption module" that prohibits certain types of information from being seen by other parties. At the same time, the module’s design is said to allow for law enforcement agencies to gain access to that information during investigations.
Project manager Mathias Bucher said in a statement:
"Our privacy solution paves the way for the usage of the ethereum blockchain in financial markets.”
The tool is now being put before the relevant regulatory bodies – a process that will play out over “the coming weeks”, according to Bucher. Among those involved on the regulation side of the project is the Swiss National Bank, the country’s central bank, which is reportedly overseeing development of the OTC platform.
The development is the latest news out of Switzerland’s growing blockchain scene.
The past months have seen bitcoin-buying services being offered by Swiss rail operator SBB and new blockchain work within the country’s finance services sector, for example.
Additionally, bitcoin wallet startup Xapo announced last week that it had received preliminary approval from the Swiss Financial Market Supervisory Authority (FINMA), Switzerland’s key financial regulator, to operate in the country.
Padlock image via Shutterstock
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
How a 'perpetual’ stock trick could solve Michael Saylor’s $8 billion debt problem
The bitcoin treasury firm is using perpetual preferreds to retire convertibles, offering a potential framework for managing long-dated leverage.
What to know:
- Strive upsized its SATA follow on offering beyond $150 million, pricing the perpetual preferred at $90.
- The structure offers a blueprint for replacing fixed maturity convertibles with perpetual equity capital that removes refinancing risk.
- Strategy has a $3 billion convertible tranche due in June 2028 with a $672.40 conversion price, which could be addressed using a similar preferred equity approach.
Top Stories
