Yesterday the SIX Digital Exchange (SDX) announced that Liechtenstein’s Kaiser Partner Privatbank is the latest member of the SDX Central Securities Depositary (CSD). SDX is a FINMA-registered central securities depositary for tokenized digital assets and also operates a regulated exchange. Kaiser joins four Swiss banks, UBS, Credit Suisse, Zürcher Kantonalbank and Berner Kantonalbank, that are already CSD members.
“Our existing services for intermediaries are a key element in meeting our clients’ complex financial needs, as they enable clients to finance investments or make trading of illiquid assets possible,” said Christian Reich, CEO of Kaiser Partner Privatbank. “SDX’s CSD offering will help us to meet these needs even better by improving efficiency throughout the investment process.”
SDX has two arms, a web3 one that focuses on crypto and another that targets the issuance and trading of digital securities, which is where Kaiser comes in.
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