News
Lugano Accelerates Financial Innovation with SwissLedger and Swiss Digital Key
Nov 4, 2025
The City of Lugano has taken another step in positioning itself as a global hub for digital finance with the official launch of SwissLedger and Swiss Digital Key, presented during the Beyond Blockchain event at Villa Ciani.
Building on the success of 3Achain – the blockchain infrastructure behind Lugano’s LVGA digital currency – SwissLedger emerges as a next-generation institutional blockchain designed to support secure, scalable, and tamper-resistant financial applications. Utilizing a Proof of Authority (PoA) consensus model, SwissLedger enables use cases such as digital notarization, asset tokenization, and interoperability with existing financial systems.
In parallel, Swiss Digital Key introduces a secure digital identity and signature solution, aimed at streamlining contracts and banking services. The initiative supports Open Banking, promotes the use of smart contracts, and creates a regulatory sandbox for testing financial innovations in a controlled environment.
Both initiatives reflect Lugano’s broader vision of fostering public-private collaboration in the FinTech space, according to a press release. Key partners in the SwissLedger ecosystem include Canton Ticino, Bitcoin Suisse, Avaloq, HCLTech Confinale, Var Group, and several academic institutions such as SUPSI and USI.
Concrete Use Cases Emerge
Real-world applications are already taking shape: Artchain by OFFICINEBIT is enabling digital certification of artworks, Elle.lawyer is delivering blockchain-based notarization services, and Connect2Bank by Palo Alto is addressing secure data handling in the banking sector.
Mayor Michele Foletti emphasized Lugano’s commitment to innovation: “With SwissLedger and Swiss Digital Key, we are actively shaping the future of digital finance and reinforcing Lugano’s role as a model for FinTech development.”
The announcement comes just days after the city celebrated the third anniversary of the Plan ₿ initiative, further highlighting Lugano’s momentum in embracing emerging technologies.