Swiss exchange operator SIX Group integrates SDX digital asset business to create a unified tokenization platform
ChainCatcher news, according to cryptopolitan, Swiss stock exchange operator SIX Group AG has announced that it will integrate its digital asset division, SIX Digital Exchange (SDX), into the group's main exchange and post-trade services divisions.
This move marks the end of SDX's independent brand identity. In the future, SDX's trading business will be handled by SIX's main exchange, while settlement and custody services will be transferred to SIX Securities Services. SIX Group stated that by integrating its digital asset capabilities, it aims to create a unified and robust platform to simplify processes such as trading, custody, and token issuance using blockchain technology for banks and asset management companies, 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 key projects such as wholesale central bank digital currency (CBDC).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Qatar Energy chief refutes Besent: The Strait of Hormuz will never be "worthless"
Qatar's Minister of Energy, Saad Al Kaabi, stated that US Treasury Secretary Scott Besent's claim that the Strait of Hormuz will become "worthless" within two years is "incorrect."
Stacks crypto jumps 13% – Could STX bulls extend the price rally?
Tom Lee predicts the S&P 500 could surpass 8,200 points by the end of the year

Michael Saylor, BlackRock, Metaplanet, and Strive purchase Bitcoin
