Parent company XIXOIO LTD prepares its UK Digital Securities Sandbox application

UK parent company XIXOIO LTD plans to apply for Gate 1 of the Digital Securities Sandbox in the fourth quarter of 2026.

The application draws on work that began in 2017 on digital records for companies and their assets. A preliminary discussion with representatives of the Bank of England and the Financial Conduct Authority took place in September 2024.

The application concept is ready. The team is completing the supporting materials and reviewing who would be responsible for each activity, how risks would be managed and which parts of the system could be tested.

Preparation, submission and the UK authorities’ decision are separate stages. A future permission would determine the scope of activities allowed.