The SIX Digital Exchange (SDX) is having discussions with Invest Direct, a Swiss startup that provides due diligence and matchmaking services for private companies. SDX is the blockchain-based exchange and central securities depository (CSD).
When capital markets experts discuss tokenization, private equity is seen as one of the most promising sectors. That’s in part because an increasing number of so-called unicorns are remaining private but are attractive to investors. A recent Citi survey found that 47% of institutional investors are looking to DLT to remove private equity frictions.
“This planned collaboration highlights the strengths of both Swiss entities, catering to surging demand for streamlined processes and standardised practices within the private equity landscape,” said David Newns, Head of the SIX Digital Exchange. “It enables a more accessible and transparent platform for financial institutions, issuers, and professional and institutional investors to engage in private placements with enhanced confidence.”
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