Capital markets News

SIX to offer 30% stake of digital asset exchange SDX to partners

SIX swiss stock exchange

Today, the Swiss Stock Exchange owner SIX Group said it is offering strategic partners a stake of up to 30% in its digital assets trading platform SDX, reported swissinfo.ch

Thomas Zeeb, Head Securities and Exchange at SIX Group, revealed that the company plans to allow banks, brokers and other digital asset companies to own part of the new exchange. While a prototype is ready, the SIX Group plans to launch the Swiss Digital Exchange (SDX) later this year for trading digital shares, bonds and other assets on a blockchain platform. 

“The SIX board is open to having a minority stake in SDX made available to strategic investors,” said Zeeb. “We are in discussions with a number of firms – such as large banks and broker-dealers – who are extremely interested in taking a stake in SDX because it gives them skin in the game in driving the ecosystem forward.”

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