Project description
Building a new generation of investment banking services
The investment banking industry is going through a wave of transformation fuelled by regulatory changes and a need for higher transparency, security and innovation as well as improved sustainability and cost efficiency. The EU-funded DFS project has set out to validate the technical viability, market acceptance and future market potential of the solution proposed by Swiss company BlockState – a technological and legal platform that uses blockchain technology to provide efficient, transparent and compliant democratised financial services to the financial market. Furthermore, the project aims to validate its business concept and evaluate opportunities for growth in Europe and abroad that are in line with its commercialisation plans.
Objective
BlockState is proposing efficient, transparent and compliant democratized financial services for
the financial market using Blockchain technology. DFS is translated through the following innovative
products which are driven by decentral IT solutions and connected together via a technology stack:
CRYPTO15 (crypto index products), DETI (tokenized debt instrument) and DECEND (a platform for smart
contracts for illiquid derivatives). BlockState will be approaching exchange-traded funds, the bonds
market, and the derivates market, all of which have experienced continuous growth, both in the EU and
worldwide. End-users of the solution are private and institutional investors, to which DFS offers an efficient
way to safely track top crypto assets (through CRYPTO15 CTF Token and CTF ETN), banks and other
lenders, for which it supports syndicated loan facility from origination to payoff (through the DETI
platform), and financial institutions, which are enabled by DFS to buy and sell derivatives on the blockchain
(through the DECEND platform).
BlockState is creating the technological and legal infrastructure for the future of investment banking,
through a comprehensive set of investment banking modules based on Blockchain technology; our
products are more efficient than the current products creating cost savings, more transparent than the
current products reducing risk and fully compliant with the regulatory body and easily accessible.
BlockState is a new generation of fintech, offering investment banking on a modular platform build on
Blockchain technology. The company is building the world’s leading blockchain investment bank,
specializing on DLT- based products for asset management, debt capital markers (DCM), and derivatives.
BlockState’s products embody technological excellence, highest regulatory compliance, and over 70 years
of combined experience in financial services.
Fields of science
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
6302 ZUG
Switzerland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.