Capital markets News

Blockchain digital asset exchange SDX granted Swiss license

SIX swiss stock exchange

Today FINMA announced it has granted Swiss stock exchange SIX two licenses, clearing the way for the SIX Digital Exchange (SDX) launch. SDX is an integrated trading, settlement and custody infrastructure for digital assets.

SIX emphasized that it intends to work with partners to create a global ecosystem to ‘unlock global liquidity’. Last year it announced a collaboration with SBI for a digital assets exchange in Singapore. SBI is also planning a digital asset exchange in Japan.

SDX Trading AG has a license to operate as a stock exchange, and SIX Digital Exchange AG is regulated as a central securities depository (CSD).

Article continues …

subscriber padlock

Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.


Image Copyright: Ledger Insights