> For the complete documentation index, see [llms.txt](https://t-blocks.gitbook.io/t-blocks-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://t-blocks.gitbook.io/t-blocks-documentation/service-providers-and-trust/banking-and-custody.md).

# Banking & Custody

| **Attribute**        | **Detail**                                            |
| -------------------- | ----------------------------------------------------- |
| Name                 | Swissquote Bank SA (Luxembourg branch)                |
| Role                 | Banking partner, cash custody, settlement agent       |
| Parent               | Swissquote Group Holding SA (SIX Swiss Exchange: SQN) |
| Regulated by         | FINMA (Switzerland) · CSSF (Luxembourg branch)        |
| Assets under custody | CHF 60B+ (group)                                      |

Swissquote Bank Europe SA provides banking, custody, and digital asset infrastructure services for T-Blocks Trio Fund. This includes holding SubFund cash balances across CHF, USD, and EUR accounts, executing settlement for instrument subscriptions and redemptions, acting as paying agent for note issuances, and providing the banking infrastructure that underpins the ISIN / Banking Rail.

Beyond traditional banking, Swissquote operates regulated digital asset infrastructure — including stablecoin and cryptocurrency rails, and institutional-grade custody of tokenized securities. This makes Swissquote a dual-function partner within T-Blocks' architecture: a traditional regulated custodian bank and a digital asset-capable institution operating under the same regulatory framework.

Swissquote is a regulated Swiss online bank listed on the SIX Swiss Exchange, supervised by FINMA in Switzerland, with a Luxembourg branch regulated by the CSSF. Its Luxembourg entity — Swissquote Bank Europe SA, 2 Rue Edward Steichen, L-2958 Luxembourg — operates as the Fund's primary banking and custody partner across both rails.

**Traditional custody and banking**

SubFund cash and assets are held in segregated accounts under Swissquote's custody infrastructure. Settlement for ISIN-rail subscriptions and redemptions follows standard banking protocols. Swissquote acts as paying agent for note issuances, confirming the existence of instruments and processing distributions to noteholders.

**Digital asset infrastructure**

Swissquote provides regulated digital asset rails supporting stablecoin settlement and, where applicable, cryptocurrency-denominated transactions. For issuers and investors who elect digital rail access, Swissquote offers institutional-grade custody of tokenized securities — holding digital representations of SubFund instruments under the same regulated custody framework as traditional securities. This digital custody capability is available on a per-SubFund basis, subject to the terms of the relevant Specific Management Regulations and applicable regulatory requirements.

The combination of traditional and digital custody under a single regulated institution eliminates the need for a separate, unregulated digital custody provider — maintaining institutional governance across both distribution rails.

**Investor platform access — optional**

Swissquote operates an investor-facing platform through which selected financial instruments — including both traditional ISIN-coded notes and tokenized securities — may be made available to Swissquote's institutional and professional client base. This co-listing capability provides T-Blocks SubFund instruments with the potential for wider investor exposure through an established, regulated distribution channel.

Access to this platform is optional and subject to Swissquote's own onboarding criteria, instrument eligibility assessment, and applicable listing or distribution fees. Not all SubFund instruments will qualify or be offered through this channel. Where platform access is pursued, it is treated as a supplementary distribution avenue alongside T-Blocks' primary dual-rail network — not a substitute for it.

**Why this matters for investors**

SubFund cash and assets are held by a regulated, publicly listed bank — not by the Management Company. This custodial separation ensures that investor capital is ring-fenced not only legally under the Securitisation Law 2004 but operationally, under independent bank custody. Swissquote's dual regulatory supervision by FINMA and the CSSF, combined with its native digital asset infrastructure, means that T-Blocks can offer institutional custody across both traditional and tokenized instruments without sacrificing governance standards. In the event of Management Company replacement or liquidation, SubFund assets held by Swissquote remain fully protected and accessible under their own independent mandate.