Building a regulation-first, intelligent financial ecosystem

Connecting trust, identity, AI, liquidity, and tokenized value — so that institutions of every size can issue, hold, trade, and settle digital assets.

Who we are

Digital asset infrastructure for banks and regulated institutions

SBG was founded in Munich in 2018 and incorporated in the United States as SBG Inc. in 2025.

SBG is not a protocol and not an exchange. It builds infrastructure that covers the whole chain of a digital asset — from issuance to settlement — and is deployed inside the partner's own environment. You keep your clients, your brand, and your license. SBG provides the infrastructure behind them.

The largest banks have built on-chain infrastructure for their own clients. Most institutions have not. SBG builds it for them.

The platform

What the SBG platform does

A Layer-1 blockchain with core-banking accounting built into the ledger itself, and with agentic banking built in. Issuance, custody, trading, clearing, and settlement on one platform:

  • An on-chain banking platform for licensed institutions
  • Institutional asset issuance
  • Treasury management
  • Enterprise-grade custody
  • Trading and clearing around the clock
  • Settlement infrastructure
  • Tokenization-as-a-service
  • Stablecoin issuing and reserve management
  • Fund administration
  • White-label B2B2C services

The One-Account Model: one integration and one operating relationship for issuance, custody, trading, clearing, and settlement. It is not a bank deposit account.

These are capabilities of the technology platform. Regulated services are provided only by entities that hold the required authorization.

Learn more

Regulation

Built for supervision from day one.

Compliance is part of the architecture — and our licensing status is stated plainly, market by market.

United States

In application

SBG Inc. was incorporated in the United States in 2025. SBG is applying for two national charters with the Office of the Comptroller of the Currency (OCC) and two registrations with the U.S. Securities and Exchange Commission (SEC).

  • National bank charter
    OCC
    institutional banking and clearing infrastructure, with Federal Reserve access
  • National trust bank charter
    OCC
    custody and fiduciary services for digital assets
  • Broker-dealer registration
    SEC
    brokerage and distribution of digital and tokenized securities
  • Alternative trading system (ATS) registration
    SEC
    a trading venue for digital and tokenized securities
  • Transfer agent registration
    SEC
    keeping the register of holders of tokenized securities
    Optional — later stage

SBG Inc. is not a bank today. The charters and registrations above are applications: none has been granted yet, and each is subject to regulatory approval.

Europe

Live

SBG's European business was founded in Munich in 2018, and its platform has been in operation since 2022. It works under European rules for crypto-assets, securities, and electronic money.

Core

  • Crypto-asset service provider under the Markets in Crypto-Assets Regulation (MiCAR)
    Liechtenstein, passported across the EU and EEA
    custody and trading of crypto-assets

    Note: under bilateral agreements between Liechtenstein and Switzerland, entities regulated under MiCAR in Liechtenstein may also operate in Switzerland.

    • EU DLT Pilot Regime
      European Union
      market infrastructure for trading and settling tokenized securities
      Next step
  • Broker-dealer license under the Markets in Financial Instruments Directive (MiFID II)
    Federal Financial Supervisory Authority (BaFin), Germany, with oversight by the Deutsche Bundesbank
    securities trading and investment banking for digital and tokenized assets
  • Electronic money institution (EMI) license with payment services under the Payment Services Directive (PSD2)
    EU and EEA
    stablecoin issuing and reserve management, client fund accounts, and on- and off-ramps between fiat currency and crypto-assets
    • Upgrade of the EMI license to a full banking license
      EU and EEA
      full banking operations
      Optional
  • Securitization vehicle
    Europe
    issuance and distribution of tokenized and digital assets

Optional — phase 2

  • Crypto-asset authorization under the UK Financial Services and Markets Act (FSMA)
    Financial Conduct Authority (FCA), United Kingdom
    crypto-asset services in the United Kingdom
    Phase 2
  • Crypto-asset license
    Swiss Financial Market Supervisory Authority (FINMA), Switzerland
    crypto-asset services in Switzerland
    Phase 2

Regulated services in Europe are provided only by, or through, appropriately authorized entities; they are named in the Legal notice.

Asia Pacific

Live / in progress

South Korea, Singapore, and Hong Kong are SBG's markets in Asia Pacific. Korea, with its banks and large enterprises, is the starting point for the region.

  • Digital Asset Basic Act (DABA) and virtual asset service provider (VASP) registration
    Financial Services Commission (FSC), South Korea
    digital asset services for banks and large enterprises
  • Licensing under the Payment Services Act (PSA) and the Financial Services and Markets Act (FSMA), including the digital token service provider (DTSP) license
    Monetary Authority of Singapore (MAS)
    digital token services for institutional clients
  • VASP license
    Hong Kong
    virtual asset services for institutional clients

GCC & beyond

Staged

The Gulf Cooperation Council (GCC) states, Morocco, and Brazil follow in stages. They are the corridors for energy, commodity, and trade flows.

GCC

  • Digital asset licenses in the United Arab Emirates
    Virtual Assets Regulatory Authority (VARA), Abu Dhabi Global Market (ADGM), and Central Bank of the UAE (CBUAE)
    digital asset services across the GCC
  • License under the regulatory framework of the Central Bank of Bahrain (CBB)
    CBB, Bahrain
    digital asset services across the GCC

Beyond

  • Virtual asset service provider (VASP) license
    Moroccan Capital Market Authority (AMMC) and Bank Al-Maghrib, Morocco
    digital asset services in Morocco
  • VASP license
    Brazil
    digital asset services in Brazil, the next market after the Gulf and Morocco
  • Live — in operation under the licenses listed.
  • In application — filed with the authority; the decision is pending.
  • Live / in progress — in operation in part; the remaining licenses are in progress.
  • Staged — planned as a later step.

Items tagged Optional, Phase 2, or Next step are possible additions, not part of a region's status. How SBG uses these labels: Legal notice.

SBG treats licenses as infrastructure: each licensed market is a trust zone on the same platform, and a new market is an added license, not a new build. Rules attached to zones, asset types, identities, and transactions determine whether an asset may cross from one zone into another. The design goal: liquidity grows across borders without compliance being lost at the border.

Talk to SBG

Tell us about your institution and what you would like to build.

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