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Swiss Exchange Operator SIX Group Integrates SDX Digital Asset Business to Create Unified Tokenization Platform
Summary: According to cryptopolitan, Swiss exchange operator SIX Group AG announced the integration of its digital asset division SIX Digital Exchange (SDX) into the group's main exchange and post-trade services division. This move marks the end of SDX's independent brand identity. In the future, SDX's trading operations will be handled by SIX's main exchange, while settlement ...
According to cryptopolitan, Swiss exchange operator SIX Group AG announced the integration of its digital asset division SIX Digital Exchange (SDX) into the group's main exchange and post-trade services division. This move marks the end of SDX's independent brand identity. In the future, SDX's trading operations will be handled by SIX's main exchange, while settlement and custody services will be transferred to SIX Securities Services. SIX Group aims to create a unified and robust platform by integrating digital asset capabilities, simplifying processes for banks and asset management companies to trade, custody, and issue tokens using blockchain technology, thereby accelerating the growth of digital asset business and the tokenization transformation of the financial system. SIX will also continue to collaborate with the Swiss National Bank (SNB) and others to advance important projects such as wholesale central bank digital currencies (CBDCs).
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Link: Swiss Exchange Operator SIX Group Integrates SDX Digital Asset Business to Create Unified Tokenization Platform [Copy]
