In a significant development for the digitalization of trade finance, SECRO, a document workflow automation platform founded in the U.S. in 2021, has expanded its operations to Switzerland as of July 2025. The platform has made substantial strides in the global market, digitizing $3.5 billion in shipments across 48 countries. Some of the world’s largest commodity traders and over 300 importers, exporters, and logistics service providers are already utilizing SECRO. The platform’s momentum has been further bolstered by the adoption of its technology by major European banks.
October 2025 marked a pivotal moment when Crédit Agricole CIB began using SECRO’s proprietary blockchain technology to digitize its transactional commodity operations. This collaboration led to the successful execution of the bank’s first digital commercial operation in the energy sector, including a major global trader. The transaction was groundbreaking, as the digital document of title was issued by the vessel master while at sea and immediately transferred to the shipper, with Crédit Agricole CIB securing it in the SECRO digital vault. This process allowed the bank to maintain control over the original document throughout the voyage, endorsing and transferring it only upon final settlement.
The platform’s network effect continues as ING, a leader in commodity finance, joined SECRO in early 2026. Known for its commitment to digitization, ING is working on expanding the use of tokenization technology to streamline trade finance operations further. The bank’s Swiss branch is also exploring how SECRO’s technology can enhance inventory financing. Once implemented, ING would be pioneering in tokenizing documents of title across the entire commodity finance value chain, from pre-shipment to post-shipment. With multiple launch customers ready, ING’s digital trading operations are set to commence, driving further network growth.
SECRO’s strategic choice to establish its European headquarters in Switzerland is backed by the country’s robust Distributed Ledger Technology (DLT) Act, offering a solid legal framework for digital ledger-based securities. The platform’s technology ensures full compliance with various digital trade frameworks worldwide, providing certainty of legal recognition globally. SECRO delivers several key advantages, including reduced transactional risk, increased legal robustness, enhanced operational velocity, and improved liquidity.
SECRO is setting a new standard in the industry by ensuring compliance with advanced digital trade laws and gaining approval from major marine insurance carriers. The platform is recognized by the International Chamber of Commerce and holds SOC2-type 2 and ISO 27001 certifications. As the digital trade landscape evolves, SECRO’s innovative solutions continue to provide greater efficiency, transparency, and resilience to a growing network of stakeholders in the global trade finance ecosystem.