Atomic Settlement
Atomic Settlement (DvP)
Atomic settlement enables simultaneous, irreversible delivery of securities and payment (DvP) on a distributed ledger, eliminating the settlement risk inherent in T+2 markets.
DvP Settlement (Delivery versus Payment): Atomic Settlement in Tokenized Markets
Delivery versus Payment (DvP) is the settlement principle requiring simultaneous exchange of securities and cash. DLT enables atomic DvP — settling in a single indivisible transaction — eliminating the counterparty risk inherent in conventional T+2 settlement.
SIX Digital Exchange (SDX): The World's First Regulated Digital Securities Exchange
SDX holds the world's first FINMA DLT Trading Facility license, operates on R3 Corda, and settled the World Bank's CHF 200M digital bond with atomic DvP on a T+0 basis.