Today the SIX Digital Exchange (SDX) announced the sixth banking member of its central securities depositary (CSD), Hypothekarbank Lenzburg. SDX holds Swiss licenses as a digital asset exchange and DLT-based CSD. Additionally, from Friday it will allow bonds listed on foreign trading platforms or the main SIX exchange to be tokenized and traded on SDX.
The Swiss bank wants the ability to both issue native digital securities on SDX as well as tokenize existing assets.
“The SDX membership marks a significant step in advancing our bank’s presence in digital assets,” said Marianne Wildi, CEO of Hypothekarbank Lenzburg. “Beyond token issuance and custody, our offering should include the possibility of listing digital value rights on a trusted trading venue. SDX’s ecosystem aligns seamlessly with our goals, and we eagerly anticipate this cooperation.”
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