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Record sog_st_vchf
VCHF/VNX Swiss Franc
Also recorded as VCHF, VNX CHF, VNX Swiss Franc
- Lifecycle
- Active
- Issuance
- Restricted
- Reference target
- Swiss franc
- Primary organization
- VNX Commodities AGNo additional recorded relationship
- Launch
- 2022-12-15
- Redemption
- Eligible Customers Only
- Backing
- Unknown
- Stabilization
- Issuer redemption
- Last review
- 2026-06-25
- Evidence
- 5 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.Multichain Swiss-franc-referencing token launched by VNX Commodities on December 15, 2022 with original Ethereum issuance and issuer or exchange access, followed by later network expansions.
| Name | VNX Swiss Franc |
|---|---|
| Symbol | VCHF |
| Aliases | VCHF, VNX CHF, VNX Swiss Franc |
| Asset class | Stablecoin |
| Lifecycle status | Active |
| Issuance status | Restricted |
| Canonical record ID | sog_st_vchf |
| Route slug | vchf |
| Record confidence | High |
| Last reviewed | 2026-06-25 |
- Name
- VNX Swiss Franc
- Symbol
- VCHF
- Aliases
- VCHF, VNX CHF, VNX Swiss Franc
- Asset class
- Stablecoin
- Lifecycle status
- Active
- Issuance status
- Restricted
- Canonical record ID
sog_st_vchf- Route slug
vchf- Record confidence
- High
- Last reviewed
- 2026-06-25
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 5 |
| Reserve reports | 1 |
| Reserve components | 1 |
| Model-history events | 0 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 2 |
| Events | 2 |
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- Centralized
- Primary display organization
- VNX Commodities AG
- Primary display role
- Legal issuer
- Display selection mode
- Deterministic Policy
- Current relationships
- 1
- Ended relationships
- 0
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Deployment control-event references
- 2
- Observed issuer-control events
- 0
- Relationship coverage
- 1 recorded relationship
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| VNX Commodities AG | Digital-asset service or infrastructure provider | Regulated digital-asset service provider | Liechtenstein | Legal issuer | Primary display | Not yet recorded | Not yet recorded | Active relationship |
Digital-asset service or infrastructure provider
Primary displayVNX Commodities AG
- Functional role
- Legal issuer
- Relationship status
- Active relationship
- Regulatory character
- Regulated digital-asset service provider
- Jurisdiction
- Liechtenstein
- From
- Not recorded
- Until
- Not recorded
Mechanism
How the asset works
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.- Reference target
- Swiss franc
- Reference kind
- Fiat
- Comparison category
- Other fiat currency
- Target value
- Not yet recorded
- Reference methodology
- VCHF references the Swiss franc and may be exchanged through issuer routes.
- Public backing model
- Unknown
- Canonical backing types
- Unknown
- Reserve component categories
- Unknown
- Primary stabilization mechanism
- Issuer redemption
- Recorded model description
- Issuer Managed Token Referencing Swiss Franc
- Redemption / exit model
- Eligible Customers Only
- Valuation source
- Public information is incomplete
- Yield / rebase profile
- None recorded
- Classification notes
- Swiss-franc-referencing token; reserve composition remains unresolved.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- Swiss-franc reference backingUnknown after review · Exact reserve composition is intentionally left unknown.
| Disclosure status | Issuer Transparency |
|---|---|
| Backing types | Unknown after review |
| Summary | VCHF references the Swiss franc; exact reserve composition remains unresolved. |
| As of | 2026-06-15 |
| Profile confidence | Medium |
- Disclosure status
- Issuer Transparency
- Backing types
- Unknown after review
- Summary
- VCHF references the Swiss franc; exact reserve composition remains unresolved.
- As of
- 2026-06-15
- Profile confidence
- Medium
| Current status | Eligible Customers Only |
|---|---|
| Settlement asset | CHF |
| Eligible parties | Verified VNX customers using supported issuer channels. |
| Retail access | Eligible Customers Only |
| Institutional access | Eligible Customers Only |
| Minimum amount | Terms dependent. |
| Fee | Issuer, banking, and network fees may apply. |
| Settlement time | Issuer processing dependent. |
| Regional limits | VNX onboarding and jurisdiction rules apply. |
- Current status
- Eligible Customers Only
- Settlement asset
- CHF
- Eligible parties
- Verified VNX customers using supported issuer channels.
- Retail access
- Eligible Customers Only
- Institutional access
- Eligible Customers Only
- Minimum amount
- Terms dependent.
- Fee
- Issuer, banking, and network fees may apply.
- Settlement time
- Issuer processing dependent.
- Regional limits
- VNX onboarding and jurisdiction rules apply.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| Not yet recorded | VNX Commodities | Reserve Disclosure | Unknown after review | Medium |
VNX Commodities
Not yet recorded- Type
- Reserve Disclosure
- Assets covered
- Unknown
- Record confidence
- Medium
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethereum | Specific network recorded | ERC-20 | Issuer- or institution-supported deployment | Issuer Native Fiat Token | Active | Active | No separate change state recorded | Issuer-native deployment | Canonicality recorded | Source-linked record; identifier not recorded | Identifier not recorded | Identifier not recorded | Not yet recorded | Not yet recorded | 2 | Original VCHF Ethereum issuance was publicly launched on 2022-12-15. Exact first issuance transaction and the complete later multichain deployment map remain unresolved. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| VNX Swiss Franc Published Not yet recorded | VNX Commodities | Official documentation or product page Canonical: Official Website | Subject-controlled source | Primary source | Active Product, Chf Reference, Entity and Status, Token Generator, Fma Liechtenstein, Issuer Licensing, Exchange to Chf, Multichain, Redemption and Deployments | Archive index or wildcard | High |
| VNX launches Europe’s first tokens referencing fiat currencies Published 2022-12-15 | VNX | Official statement or announcement Canonical: Official Blog | Subject-controlled source | Primary source | Launch Date, Vchf Identity, Emirex Access, Trade Deposit Withdraw, Same Day Product Launch and Public Access | Archive index or wildcard | High |
| VNX’s Recap of 2022 Published 2022-12-27 | VNX | Official statement or announcement Canonical: Official Blog | Subject-controlled source | Primary source | December 2022 Launch, Ethereum Issuance, Emirex Listing, Launch Retrospective and Initial Deployment | Archive index or wildcard | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Exact Reserve Composition and Holder Claim | Official product materials establish CHF reference and exchange access, but exact reserve composition and holder claim structure are not normalized. | Unknown after review | High | 2026-06-15 |
| Exact First Issuance and Complete Network Map | The public VCHF launch is fixed to 2022-12-15 and original Ethereum issuance is established, but the exact first issuance transaction, initial distribution sequence, and complete canonical or bridged multichain contract map are not normalized. | Unknown after review | Medium | 2026-06-25 |
Exact Reserve Composition and Holder Claim
Official product materials establish CHF reference and exchange access, but exact reserve composition and holder claim structure are not normalized.
- Value state
- Unknown after review
- Priority
- High
- Last checked
- 2026-06-15
Exact First Issuance and Complete Network Map
The public VCHF launch is fixed to 2022-12-15 and original Ethereum issuance is established, but the exact first issuance transaction, initial distribution sequence, and complete canonical or bridged multichain contract map are not normalized.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-25
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
No separate model-change event is currently recorded.
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| 2022-12-15 | VNX launches VNX Swiss Franc | Launch and introduction | Launch | Remained active | Not applicable |
| 2026-06-25 | VCHF remains active after its 2022 launch and multichain expansion | Lifecycle review | Status Review | Remained active | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- VNX Commodities AGLiechtenstein
- Event registry2 connected events recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.