Crypto Finance Group, along with other banks, completes a pilot programme
26 November 2025 Switzerland
Image: Johannes/stock.adobe.com
AMINA Bank and Crypto Finance Group, together with other banking partners, have completed a pilot programme demonstrating how distributed ledger technology (DLT) can modernise cross-border, cross-currency, and point-of-sale use cases.
The pilot, conducted on the Google Cloud Universal Ledger platform (GCUL), enables near-real-time, 24/7 settlement of transactions in fiat currency between Swiss-regulated financial institutions.
The bank says that the pilot shows how payment modernisation can be achieved without creating new forms of digital currency or disrupting existing regulatory frameworks.
In this pilot programme, Crypto Finance Group served as the designated currency operator, ensuring that transaction rules were clearly defined and that participants adhered to agreed processes on GCUL.
Crypto Finance facilitated onboarding of participating banks and monitored compliance with the pilot framework, while settlement and payment execution were carried out directly by the respective parties.
Franz Bergmueller, CEO of AMINA Bank, says: “Google Cloud’s GCUL is proof that innovation and stability aren’t mutually exclusive. With this pilot, we enabled near-real-time, compliant settlements within the existing banking framework.
“AMINA’s global reach and existing network of institutional partners makes us uniquely positioned to scale this pilot globally and to truly demonstrate DLT's ability to transform the global financial system.”
Stijn Vander Straeten, CEO of Crypto Finance Group, adds: “This pilot demonstrates how we are collectively enabling the next generation of financial markets. As the Currency Operator for this pilot, we can build a trusted foundation for digital payments and tokenised assets.
“The success of this pilot strengthens Switzerland’s position as a leading hub for digital financial innovation.”
Matt Renner, president, chief revenue officer, Google Cloud, comments: “We're proud to support Switzerland's vision for next-generation financial infrastructure. Cloud-native infrastructure has the ability to transform financial services, while respecting regulatory requirements.
“AMINA Bank and Crypto Finance’s pilot showcases how cutting-edge technology can facilitate near-instant, secure, compliant payments that work.”
The pilot, conducted on the Google Cloud Universal Ledger platform (GCUL), enables near-real-time, 24/7 settlement of transactions in fiat currency between Swiss-regulated financial institutions.
The bank says that the pilot shows how payment modernisation can be achieved without creating new forms of digital currency or disrupting existing regulatory frameworks.
In this pilot programme, Crypto Finance Group served as the designated currency operator, ensuring that transaction rules were clearly defined and that participants adhered to agreed processes on GCUL.
Crypto Finance facilitated onboarding of participating banks and monitored compliance with the pilot framework, while settlement and payment execution were carried out directly by the respective parties.
Franz Bergmueller, CEO of AMINA Bank, says: “Google Cloud’s GCUL is proof that innovation and stability aren’t mutually exclusive. With this pilot, we enabled near-real-time, compliant settlements within the existing banking framework.
“AMINA’s global reach and existing network of institutional partners makes us uniquely positioned to scale this pilot globally and to truly demonstrate DLT's ability to transform the global financial system.”
Stijn Vander Straeten, CEO of Crypto Finance Group, adds: “This pilot demonstrates how we are collectively enabling the next generation of financial markets. As the Currency Operator for this pilot, we can build a trusted foundation for digital payments and tokenised assets.
“The success of this pilot strengthens Switzerland’s position as a leading hub for digital financial innovation.”
Matt Renner, president, chief revenue officer, Google Cloud, comments: “We're proud to support Switzerland's vision for next-generation financial infrastructure. Cloud-native infrastructure has the ability to transform financial services, while respecting regulatory requirements.
“AMINA Bank and Crypto Finance’s pilot showcases how cutting-edge technology can facilitate near-instant, secure, compliant payments that work.”
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