Project Helvetia

Project Helvetia, undertaken with the Swiss National Bank (SNB) and the financial infrastructure operator SIX, demonstrates the functional feasibility and legal robustness of settling tokenised assets with a wholesale CBDC (proof of concept 1) and through linking a digital ledger technology platform to existing payment systems (proof of concept 2) in a near-live setup. The experiment should not be interpreted as an indication that the SNB will issue a wholesale CBDC.