News

Zug – Lykke has raised 6 million Swiss francs in a 24-hour token sale. The Zug-based fintech company developed a platform for trading digital currencies.

Zurich – Scientists in Zurich have used cryo-electron microscopy to determine the architecture of the chloride channel TMEM16A. Their findings could help develop new drugs to treat the lung disease cystic fibrosis.

Zurich – The Industrial and Commercial Bank of China is settling in Zurich. The world’s biggest and most valuable bank obtained a Swiss banking license from Finma, according to a media report.

Zug/Moscow – The Russian telecommunications company MegaFon is using technology from the Zug-based blockchain company BLOCKv to create a digital treasure hunt on the streets of Moscow. The game is based on the Ethereum blockchain.

Zurich/Hamburg – LafargeHolcim developed a special concrete mix specifically for the European XFEL super laser in Hamburg. The cement manufacturer could also draw on its experience in tunnel construction in Switzerland.

Zurich – The Research Commission at ETH Zurich, which promotes young researchers and projects, is now celebrating its 75th anniversary. Its president Uwe Sauer says the university as especially strong in drone research at this time.

Zurich – The two major Swiss banks UBS and Credit Suisse are teaming up with SIX and other global financial players to launch a new blockchain initiative. The project aims to improve the quality of counterparty reference data, which is required as part of the upcoming implementation of the MiFID II regulation in January 2018.

Schaffhausen – WayRay is developing a technology that can display information for drivers on the vehicle’s windshield. Its investors include the Chinese internet company Alibaba. The start-up is now moving to Schaffhausen.

Zurich/New York – Coca-Cola put on a Christmas light show on Friday at Madison Square Garden in New York City using technology from the Zurich-based start-up Fanpictor.