BIS official RVT summary: 28 private-sector institutions and central banks completed ~CHF 800,000 across currencies. 17 scenarios, CHF 9k–125k. Avg initiation-to-settlement ~80 seconds despite no RTGS/core banking integration. Use cases: corporate/interbank single/dual-currency, PvP, intragroup. Tokens = real central bank reserves and commercial bank deposits. ISO 20022 pacs.008/009, camt.053. Facilitator SIX; technology Kaleido. ~250 staff participated.