SwissBorg (CHSB)

Data Delay

Overview

SwissBorg is a crypto investment platform built around an app for exchanging and managing digital assets. Its ecosystem token began as CHSB and became BORG in October 2023. The name CHSB still appears in older discussions, but BORG is the token used for SwissBorg’s current loyalty and community programs. It can give app users access to account benefits and a voice in certain community decisions. (help.swissborg.com)

The basic idea is to put several crypto services in one place. SwissBorg brings together currency deposits, asset exchanges, recurring purchases, investment bundles and earning strategies. BORG connects users to parts of that experience: holding or locking it can affect account benefits, while eligible holders can take part in votes about the ecosystem. The token also exists outside the app on Ethereum and Solana, where it can be transferred using compatible wallets. (website-media.swissborg.com)

History & Team

From CHSB to BORG

Cyrus Fazel and Anthony Lesoismier-Geniaux founded SwissBorg in 2017. The company is based in Lausanne, Switzerland. Both founders brought experience in asset management to a project aimed at making crypto investing easier to use. SwissBorg introduced CHSB during its initial coin offering, then developed and launched its app in the years that followed. (help.swissborg.com)

Community funding has been a recurring part of its history. During the original fundraising period, SwissBorg reported raising more than $50 million from thousands of participants. It later held a Series A share offering in 2023, reporting more than 16,000 investors and over 21 million Swiss francs raised. Those shares and BORG serve different purposes: the share offering concerned company ownership, while BORG provides token-based benefits within the ecosystem. (swissborg.com)

SwissBorg launched BORG on October 17, 2023, as the successor to CHSB. The updated token expanded the project’s on-chain possibilities, including features designed for decentralized finance. In May 2024, BORG also became available on Solana. SwissBorg ended its automated CHSB-to-BORG migration service in April 2026; holders of legacy CHSB are directed to its support team about remaining migration cases. (help.swissborg.com)

Technology & How It Works

A token on two blockchains

BORG was issued as an ERC-20 token on Ethereum and is also available as an SPL token on Solana. These are token standards: shared rules that let wallets and other applications recognize and transfer an asset. Ethereum and Solana record transfers on their own networks, so a wallet must support the version of BORG it holds. SwissBorg also provides a bridge for moving supported BORG between networks. (help.swissborg.com)

The Ethereum token contract includes functions for burning tokens and recording balances for voting. Burning permanently removes tokens from supply. Voting functions provide a way to track token-based participation, although SwissBorg’s app-based Guardian votes operate under the platform’s own program rules. BORG transfers use the underlying blockchain; the SwissBorg app supplies the account features layered around those holdings. (docs.swissborg.com)

The app’s exchange engine

A separate piece of technology, the Smart Engine, handles exchanges inside SwissBorg. It compares routes through connected centralized and decentralized venues rather than requiring a user to arrange each step manually. SwissBorg calls the wider system its Meta-Exchange, or MEX. Its purpose is to bring multiple sources of assets into one interface, including routes across different blockchain ecosystems. This exchange system is a feature of the platform; BORG’s role is to connect eligible users to benefits and participation around it. (swissborg.com)

Tokenomics & Utility

Supply and token burns

CHSB began with an original supply of one billion tokens. The move to BORG accounted for CHSB that had already been burned, and BORG’s design includes a burn function. SwissBorg’s June 2026 BORG white paper describes a supply that can decrease through burns approved through its community process, with no mechanism in the token for increasing supply. (docs.swissborg.com)

SwissBorg has also operated buyback programs linked to activity on its platform. Under its Protect & Choose approach, purchased tokens enter a pool, and community participants can influence how that pool is used, including decisions about burns. A burn reduces the number of tokens in existence; it does not change the number held in someone else’s wallet. (swissborg.com)

Account benefits and participation

BORG’s everyday utility centers on SwissBorg accounts. Depending on program rules and eligibility, holding or locking tokens can contribute to loyalty or Premium benefits. These may include transaction-fee benefits, BORG cashback, higher returns available through certain Earn strategies, early access to features and additional service at higher tiers. SwissBorg’s loyalty terms tie ranks to BORG held in the app and describe rewards as program benefits that can change. (website-media.swissborg.com)

Eligible holders can also join the Guardians of the BORG program. Participants vote on proposals and may receive rewards for qualifying governance activity. SwissBorg describes these referendums as consultative: they give the community a way to express preferences, while company decisions remain with SwissBorg. Holding BORG therefore offers a form of ecosystem participation rather than ownership of the company. (swissborg.com)

Ecosystem & Use Cases

The most direct use case is within the SwissBorg app. A user may hold BORG to build loyalty status or lock it for a Premium tier. Someone active in the community may use eligible holdings to take part in Guardian votes. BORG can also move through compatible on-chain wallets, connecting the app-centered token to Ethereum and Solana applications. (swissborg.com)

Other SwissBorg products help explain why the token is part of a wider ecosystem. Auto-Invest schedules recurring purchases, including purchases of BORG. Crypto Bundles group assets around investment themes. Earn offers strategies for eligible assets, some of which involve decentralized finance. SwissBorg has also developed Alpha opportunities and BorgPad, where BORG has an on-chain role in pools associated with new token launches. Each product has its own function; a user can understand BORG more clearly by seeing how these services fit together. (help.swissborg.com)

Community activity gives a further example of use in practice. In its review of 2025, SwissBorg reported that more than 29,000 distinct users took part in governance votes during that year. That is a historical measure of participation, rather than a requirement for holding the token or using the app. (swissborg.com)

Advantages & Challenges

What the design offers

SwissBorg combines several tasks that would otherwise take place in separate apps: moving between supported currencies, exchanging assets, setting recurring purchases and exploring investment products. Its Smart Engine can compare different execution routes behind a single exchange request. BORG gives that account experience a loyalty and community layer, while its Ethereum and Solana versions extend the token beyond SwissBorg’s own interface. (swissborg.com)

Practical limits

The same design creates trade-offs. Premium benefits require meeting the relevant holding or locking conditions, and benefits can vary by tier. Guardian votes are consultative, so participation is different from a binding shareholder vote. Using BORG inside SwissBorg also involves an account and identity checks, whereas holding it in a compatible external wallet involves choosing the correct blockchain and managing that wallet separately. These distinctions matter because an on-chain token transfer and an in-app account benefit are two different actions. (website-media.swissborg.com)

Where to Buy & Wallets

BORG can be purchased through the SwissBorg app in supported locations. It is also available through decentralized exchanges, including Orca and Raydium for the Solana version and Uniswap for the Ethereum version. The SwissBorg app provides a custodial wallet for account users. Phantom and Solflare support Solana tokens, while compatible Ethereum wallets support the ERC-20 version. (website-media.swissborg.com)

The two versions use different token addresses. SwissBorg identifies the Ethereum contract as 0x64d0f55Cd8C7133a9D7102b13987235F486F2224 and the Solana mint as 3dQTr7ror2QPKQ3GbBCokJUmjErGg8kTJzdnYjNfvi3Z. A deposit or withdrawal through an app or wallet must use a supported network for that destination. SwissBorg’s app terms exclude U.S. persons from using the app, so its in-app purchase and account features are unavailable to them. (help.swissborg.com)

Regulatory & Compliance

SwissBorg’s legal position depends on both the token and the service being used. SBorg SA, based in Switzerland, is identified as BORG’s issuer. For European Union users, SwissBorg says crypto-asset services are provided by BlockNodes SAS, which is authorized by France’s Autorité des marchés financiers as a crypto-asset service provider under the EU’s Markets in Crypto-Assets regulation, known as MiCA. The authorization covers services including custody, order execution and crypto-asset transfers. SwissBorg applies identity and anti-money-laundering checks to eligible app users. (website-media.swissborg.com)

SwissBorg’s BORG white paper classifies the asset as a utility token. It describes app benefits and consultative voting for eligible holders, while company shares from fundraising carry a different form of ownership. Access to app services also depends on local rules: SwissBorg lists supported countries separately, and its terms exclude U.S. persons from the app. (website-media.swissborg.com)

Shariah assessment depends on the activity involved. Islamic finance principles examine interest, excessive uncertainty and gambling in financial arrangements. Holding BORG for an app benefit and placing an asset in an Earn strategy involve different arrangements. SwissBorg describes Earn strategies that can use DeFi activities such as lending and borrowing, so the terms of a particular strategy are relevant to its halal assessment. The token’s general-purpose utility alone does not determine the Shariah status of every service connected to it. (ifsb.org)

Future Outlook

SwissBorg has expanded its Meta-Exchange to additional blockchain ecosystems and has introduced a web app alongside its mobile experience. These developments may give existing users more ways to reach SwissBorg’s services. For BORG, the important question is how useful its loyalty benefits, governance program and on-chain functions remain as those services develop. (swissborg.com)

Changes to rewards, membership conditions and Guardian participation can shape that role over time. SwissBorg’s published terms allow those program details to be updated, while the token’s transfer and burn functions provide the underlying on-chain framework. The project’s direction therefore combines software development, account-level incentives and community participation. (website-media.swissborg.com)

Summary

SwissBorg began with CHSB and now uses BORG as the utility token connecting its crypto app, loyalty benefits and Guardian community program. BORG operates on Ethereum and Solana, while SwissBorg’s app brings together exchanges and other investment tools. Its place in the crypto ecosystem is as a bridge between a familiar account experience and token-based participation, with the benefits available to each holder shaped by the products and rules they use. (help.swissborg.com)