The SDX infrastructure, which is based on distributed ledger technology (DLT), enables the issuance and trading of tokenized securities. As part of a pilot project, the Swiss National Bank is issuing digital central bank money for financial institutions (so-called wholesale Central Bank Digital Currency, wCBDC) on this infrastructure for the first time. This is one of the world's first pilot projects for processing real transactions in digital central bank money. Homburger acted as counsel to Basler Kantonalbank. The Homburger team consisted of partner Benedikt Maurenbrecher and counsel Eduard De Zordi (both Capital Markets).

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