About

VNX is a Liechtenstein-based company registered by the Financial Market Authority (FMA) under the Blockchain Act. VNX generates fiat-referenced tokens (the FRT or stablecoins) - VNX Euro (VEUR), VNX Swiss Franc (VCHF) and VNX British Pound (VGBP) - and gold-backed tokens VNX Gold (VNXAU). VNX has its native digital platform that allows clients through its exchange service to easily buy and sell stablecoins for fiat or crypto.

VNX Swiss Franc (VCHF) is a multichain token referencing Swiss Franc from a token generator licensed under the Blockchain act in Liechtenstein. Being referenced to traditional currency, VNX Swiss Franc offers a traditional asset in the digital form.

History

VNX launched its European platform for investment into tokenized traditional assets in April 2022. The company issued the first European multichain token fully backed by physical gold, VNX Gold (VNXAU). In December 2022, VNX expanded its offerings by introducing VNX Euro (VEUR) and VNX Swiss Franc (VCHF), providing digital assets tied to traditional currencies. In 2025, VNX continued to expand its product line with the launch of VNX British Pound (VGBP). As demand grows for alternatives to USD-backed stablecoins, VNX remains focused on building a diversified suite of fiat-referencing tokens tailored to the European market and beyond — supporting portfolio resilience, DeFi integrations, and global crypto adoption. These tokens enable crypto users to trade in native currencies, hedge, and manage their portfolios more effectively.