Yepp, you are right! It will work anyway while blockchains alive =)

We've build a prototype and now it is in alpha-test.
We decided to explain our concept through Ethereum based tokens exchange. This is 100% trustless and we do not have to prove it. And it is ready for beta-test. We'll launch in few weeks.
Very useful to understand important features which could be needed for real users. Thanks for your opinion!

Trustless like a smart contract without admin. It's only allowed do things included in its logics. It is transparent. Decentralised principles inside the app which manage cross-chain exchange make us free from attacks and save control after users. It means users make actions to launch exchange, they can stop it or decline on each step before funds have been sent. We try to exclude a dispute with help of multisig escrow, because each step is based on reliable information and confirmed by users or blockchain data. If one side not agree the terms – just decline deal. 

There is 4 types of exchange in the system now, and each type includes at least 4 scenarios.
>> prototype schema <<

KYC is needed by most brokers/entities for AML law compliance. And big dealers with volume 1000+ BTC are interested in safety so they use services from professional licensed companies and brokers.
The only way to provide correctly regulated service with top privacy – build it in strong legal jurisdiction with the fastest growing blockchain and crypto laws framework – in Switzerland. So we do.
KYC is needed by regulators for proof of source of your funds and hope it's legal then everything works without any limits. Privacy is guaranteed by Swiss providers 100%. Info could be disclosured only if you breaking Swiss laws and only as part of the investigation.
So it is real to use regulated environment and save privacy. 

Thanks for your KYS vision!


We tend to support KYC and privacy.

We've built a prototype for BTC-ETH (or any ERC-20) direct exchange on dlt principles and also have an integration concept for different blockchains. But our vision is to provide it as an OTC, not a classical DEX. We are not interested in tool that make influence on market price, but only exchange and liquidity increase. And we are thinking about the correct way of moving forward (depends on financing).

1. we could offer access only for verified brokers/licensed entities to create and manage deals with integration of KYC as additional option (brokers usually have).
2. we could deliver marketplace for everyone with KYC/AML after we receive needed license for our Swiss company – this way turns it to real and regulated DEX.
3. we could opensource the project and it could move without any KYC and contributed by any verified participant (we are not oriented for non-profit, so it is only for exception).  


Anyway assets of both sides of exchange under their control on any step of a deal. More details in project branch.

We trying to find real feedback from hodlers and investors who interested in OTC DeFi development.

If you could exchange your crypto assets with other participants between different blockchains directly and trustless — what should be the most important for you?
Please, comment. We are working on it.

You could request for beta with a short message. Our team will provide a survey for more details and early access for testing in few weeks. Thank you!

Last three years Over-The-Counter cryptocurrency market keeps on growing in volume and clients amount across the globe according to many reports of brokers and companies involved in the process.
OTC turnover in 2018 amounted to more than 5.471 trillion USD equivalent¹.









The research part from Capco
1 Based on reports by Bloomberg, Bravenewcoin, Circle, Statista, CCN and 10+ another sources.
2 Crypto exchanges volume
3 DEX daily volume

• Lack of liquidity — crypto exchanges have low liquidity. OTC desks are good for pushing through large trade orders searching for market liquidity.
• Price protection, Anonymity — OTC is good for moving large orders which avoids impacting the price, e.g. 1,000 BTC. Order depth will not show up like it does on an exchange.
• No fiat onramp — few crypto exchanges have a fiat onramp (though Binance is working on it and already have some solutions in place in Asia).
• Avoid price ‘slippage’ — price slippage occurs on exchanges when the executed price is different to the expected price.
• Avoid prohibitive crypto exchange limits — the majority of crypto exchanges have prohibitive trading limits. For example, Coinbase limits purchases to $25,000 per day. Kraken only lets you withdraw $2,500 per day and $20,000 per month. Circle imposes withdrawal limit of $3,000 per week.

At the moment, the main buyers are hedge funds and the main sellers are miners. In Oct 2018, it was reported in Reddit Rumours that hedge funds were buying large volumes from miners. The main participants trading crypto OTC are:

• Hedge funds, smaller asset managers, family offices (buyers).
• Miners (sellers).
• Regulated broker-dealers (on account).
• Crypto exchange OTC desks (on account).

• Settlement risk — there is no guarantee the asset will be delivered, or cash will be paid. Coin transfer often happens much faster than the wire payment transfer (often by several hours).
• No custody solution — most OTC brokers don’t provide a custody solution (or provide a very limited service), which can increase settlement and operational risk.
• Multi-jurisdictional KYC issues — dealing with countries with poor KYC regulations can be a deal breaker.
• If you execute through an OTC broker you need, for example, to deliver the ETH to the broker. There is no guarantee the brokers client will pay.
• The larger the order the greater the risk of default with multiple counterparties.
• OTC crypto is missing the monitoring and surveillance tools of traditional trading systems.

ROX Capital AG team is working on Decentralised Finance technology which brings fully trustless direct asset exchange tools to customers of OTC companies and crypto exchanges.

ROX is designed the platform that helps to build trust between exchange members based on a trustless technology which retains assets control by beneficiaries on any stage of a process.

The system of Smart Contracts provides a simple tool that help participants exchange Proof-of-Funds in seconds without moving funds to a broker or third party escrow until needed amount and price requirements achieved from both sides.

• SaaS Provider for OTC and other Institutionals
• Trustless Smart Contract Network⁴
• Impersonal Orders with Proof-of-Funds from KYC Verified Members
• Integration with third party OTC desk
• Referral program for Agents and Deal Merge Fee Trustee
• Onchain trustless deals initiate by manager or beneficiary
• Cross-chain⁵ Trustless DLT System

4 Trustless Network is based on blockchain opportunities, the system provides manager or
beneficiary to setup terms for each deal, including price, referral fee amount, choose exact whitelisted tokens for both sides of exchange, also minimum transaction volume or fix lot for change. The all details are transparent and available in blockchain comments and through the provided interface for both sides.
5 On the first stage we provide Ethereum ERC-20 based MVP which is demonstrate the concept and during the public Beta-test continue working with Bitcoin blockchain integration stability.



Two or more OTC brokers can merge any deal, set-up needed fee size and share it through built in partner program.
Time is saved for all market participants — from agreement to transfer receipt both sides could spend less than 1 hour, instead of days or weeks.
Anonymity is protected — large impersonal reliable orders and no needed meetings anymore.

As the majority of brokers execute based on Request for Quote (RFQ) and ‘Fill or Kill’ (FOK). That’s why we created four types of contracts:
1. FOK with two participants and fix lot order.
2. FOK with two participants and minimum order amount.
3. One side offer can be filled with unlimited transactions from second side and minimum order amount.
4. One side offer can be filled with unlimited transactions from second side with fix lot order.

Contracts can be declined by initiator any time before lot or minimum order amount fulfilment. If declined, all funds returns to senders without any fees. Same as escrow but trustless.



ROXY provides:
1. Web app cabinet, where broker prepare a deal in three simple steps: choosing contract type, fill up details (tokens for buyer and seller, price, lot/minimum amount, fee, other additional details) and creates contract with transparent accepted by participants terms.
2. White label integration.



The service is provided under an agreement B2B to a companies authorised to proceed exchanges of crypto assets for their customers according to regulatory agreements in the countries where entities operating.

You could use PAX for example, and withdraw to bank account directly. It is another stable coin 1-to-1 to USD. But you need verified acc in paxos.com first.

As for Binance, there are some fiat currencies available for deposit/withdraw, but not US dollar for now.

USDT may have troubles because SEK can influence their business. But the idea of stable coins is really good and brings us an opportunity not to leave crypto market when bears win. Earlier we had to move into fiat to fix positions. But now we don't need!

✔️ Smart Contract for the accrual of dividends to shareholders.

The new Smart Contract which paying dividends to all token holders once a quarter is ready!
We’ve already tested it in the Rinkeby test network and finishing the interfaces for launch and management.
Following our roadmap

Congratulations for all shareholders!
Today in Innsbruck signed the key agreements for ROX Capital AG registration with 100,000 CHF authorised capital.
Certificate is estimated on 12–15 August.

We also successfully exchanged ETH with a US hedge fund, which has SEC license, to credit 40,000 CHF our corporate UBS bank account.

Further the company will fix the cryptocurrency in Swiss Francs each time it reaches the equivalent of 100,000 CHF on a smart contract in order to eliminate market risks.

Follow us:
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We are glad to get attention from so experienced bitcointalkers! Thank you!
The time will show everybody for sure )
When entity's docs are ready, I'll text you or visit your partner's office with some offer.


P.S. if Dlsag needs some help with design, lmk I'll try to find someone to recommend.

We will announce Bounty Program in 2-3 weeks! 
Lmk your offers and ideas about it, the team could be increased 

"Thank you for the questions.

1. White paper is needed for technological or innovative projects, but we build infrastructure for qualified investors from all over the world using top notch secure blockchain. We just do not need it.

2. What proofs would you like to see about early investors? We are ready to consider your request if it is relevant to Swiss investor privacy laws.

3. We can’t show the whole team until signing employment contracts that will take place after the opening of AG Company this summer.

4. Also, we can’t publish our partners before the company signs agreements. Do not forget, we operate within Swiss law. And we can’t do as all startups are used to. I can assure you that we have very strong partners and consultants.

If a company buys assets in Russia, America, Europe, to sell them around the world, issuing shares in Switzerland, then it affects global international law and, accordingly, global information. Therefore, in order to create a positive reputation in the eyes of our partners and consumers, wherever they are, it is necessary to do this in view of the requirements of regulators in different jurisdictions. The basic rule that we adhere is that we can’t disclose information on our website without concluding an agreement with an agency. The second rule. Any information relating to directly or indirectly determined or determined by an individual is recognized as personal data and can’t be disclosed (Article 6, para. 1. letter f of the GDPR, General Data Protection Regulation of the EU). FINMA license, the Swiss financial market regulator, also prohibits doing same in relation to investors. Of course, such market information should be disseminated in both Russian and English, which we are trying to do."

Dr.V.Helber
International lawyer

The ROX Crypto Index is an element of a common cryptocurrency index formed by the Swiss company R.O.X. to increase the return on investment by investors, as well as reduce their risks. Professional team forms its own “investment portfolio”, which includes three indexes — RCIC (7 currencies), RCIB (16 currencies) and RCIA (30 currencies), where each index reflects not only the ratio of one currency to another, but also to a variety of currencies, but also the level of their market capitalisation.

ROX Crypto Index is an indicator of both the activity of the company as a whole and the development of its investment portfolios, in particular, reflecting thus an increase in the return on investment by investors.

A team of international lawyers, tax consultants and financial analysts from Bayreuth, Heiden and Frankfurt are responsible for the formation and adjustment of investment portfolios. Each portfolio is evaluated monthly. Trust agreement protects investors from information leakage. Qualified Investors get professional tools, save time, reduce risks and use the high potential of the cryptocurrency market to increase their capital.

Transparency of investments is provided with dedicated cryptocurrency cold storage addresses. An investor always sees his investment in the ROX Crypto index.


Monetisation of the investment portfolio is provided from the beginning of sales of the ROX Crypto Index.

The first type of income is 2.5% maintenance fee.

The second type of income 15 to 30% of the index profit.

70–85% get investors in the index.

Other types of income in the interest of security are hidden and will be announced as soon as they are ready.


The company pays to tokenholders dividends once a quarter 30% of profits via a smart contract.

Another 30% of profits the company spends to buyback the tokens at the latest price of tokensale according to the requests received.

40% — for development, marketing and sales network increase.


The company totally issued 1,600,000,000 RCI ERC-20 tokens based on Ethereum blockchain.

Swiss AG with authorized capital of 100,000 Swiss Francs guarantees it’s investors protection of their investments. The FINMA license confirms the high professional level of the company’s team.

160 RCI tokens equals 1 company’s stock. All Smart Contracts go through registration and patent procedures and are contributed to the company’s capital.


Tokens are distributed:

54.81% — company development, marketing, infrastructure development.

20% — team bonus will have been locked up to 2 years. Team members will receive only bonuses in the form of agreements.

Payouts will be made on the basis of labor contracts and expiration of the contract.

17.18% — sold out on private sale. These tokens don’t take part in the buyback of the company’s profits.

5% — advisors’ fund with blocking payments up to 1 year.

3% — bounty program.


Plans for the company on the official website.


Referral bonuses for tokensale with a personal link is 4%, can be withdrawn to ETH instantly or buy RCI tokens (reinvest).

Referal bonuses for selling indices 10% of the first type of income monthly. And 5% of the company’s net profit once a year from the second type of income.