March 22nd news, according to ledgerininsights, Swiss National Bank (SNB) was the first to launch its pilot wholesale central bank digital currency (wCBDC) to settle tokenized securities transactions on SIX digital exchanges (SDX). The Swiss National Bank recently released its annual report outlined other related activities, including exploring what is sometimes called synthetic CBDC – a private tokenized currency backed by central bank funds. The SNB describes this tokenized private currency as one of three options for DLT settlements it is considering. The other is wCBDC. The third is the connection between the SIC payment system and the DLT system, which has been previously experimented with in its Project Helvetia CBDC exploration. The SNB reiterated that it has not yet committed to issuing permanent wCBDCs, nor is it inclined to adopt any solution, but is only evaluating the various options at this stage.