SDX, part of SIX, and Banque Pictet & Cie SA have completed a joint pilot project that successfully tokenised corporate debt instruments and allocated fractional amounts to portfolios managed by Pictet Asset Management SA. The initiative focused on EUR- and CHF-denominated corporate bonds, which were held in custody at SIX SIS and tokenised on the SDX platform. These tokenised bonds were then distributed in fractional units to investor portfolios, allowing for greater customisation and operational efficiency than traditional methods.
The pilot demonstrates the practical benefits of digital securities in mutual fund management, such as automated rebalancing, smaller investment sizes, and enhanced diversification. By enabling tailored strategies and broader access to asset classes like corporate bonds, the collaboration highlights the potential of tokenisation to transform the asset management industry through scalable, flexible digital infrastructure.
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