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Swiss stock exchange SIX announces digital asset trading, settlement and custody service

SIX Swiss Exchange has announced its plans to launch a full end-to-end and fully integrated trading, settlement and custody infrastructure for digital assets.

Dubbed “SIX Digital Exchange” or “SDX”, the new platform will enjoy the same standard of oversight and regulation as SIX. Based in Zurich, SIX Swiss Exchange is a leading Swiss stock exchange, regulated as an operator of Financial Market Infrastructure (FMI) by Swiss Authorities, FINMA and the Swiss National Bank.

“As the stock exchange infrastructure for Switzerland, we know what it takes to build and run mission-critical and scalable, systemically important services,” Thomas Zeeb, Head Securities & Exchanges, SIX, said.

SIX said that it will be the first market infrastructure in the world to offer such a platform. Swiss Digital Exchange will provide a safe environment for issuing and trading digital assets, and enable the tokenization of existing securities and non-bankable assets to make previously untradeable assets tradeable, it added.

"This is the beginning of a new era for capital markets infrastructures. For us it is abundantly clear that much of what is going on in the digital space is here to stay and will define the future of our industry,” Jos Dijsselhof, CEO SIX, said.

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