In the future, Bitcoin Suisse will cover the staking of all major Proof-of-stake Crypto assets, including Ethereum. Bitcoin Suisse offers clients the possibility to bake their Tezos-coins (XTZ). Baking is the staking of XTZ and is the first in line of staking products provided by Bitcoin Suisse.
Bitcoin Suisse AG founded a subsidiary Swiss Crypto Tokens (SCT) as part of the Bitcoin Suisse Group to provide comprehensive services related to the issuing of tokens, including the issuance of own such tokens.
As a first token called CryptoFranc, SCT brought the Swiss Franc to the blockchain as an ERC-20 token on the Ethereum Blockchain. The CryptoFranc (XCHF), is a stablecoin, representing a Swiss Franc denominated bond. The value of 1 XCHF = 1 CHF.
The total value of all XCHF in circulation are fully backed by physical CHF bank notes which are audited by Grant Thornton Bank Audit Ltd on a monthly basis.