The SIX Digital Exchange (SDX) is live. Today the holding company SIX issued its own CHF 150 million ($162 million) bond as a digital asset with Credit Suisse, UBS Investment Bank, and Zürcher Kantonalbank acting as the joint lead managers.
“The first issue of a tokenized bond on the SIX Digital Exchange as well as its listing and placement in the market proves that the forward-looking distributed ledger technology (DLT) also works very well in the highly regulated capital market. This transaction marks the beginning of a new era,” said Thomas Zeeb, Global Head of Markets at SIX.
The issuance was split into two parts, a CHF 100 million digital bond listed on SDX and CHF 50 million conventional bond listed on the SIX Swiss Exchange. The company said it was heavily oversubscribed.
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