Capital markets News

CEO of ConsenSys backed blockchain startup DrumG joins SIX Digital Exchange

SIX swiss stock exchange

Today, Switzerland’s SIX Digital Exchange (SDX) announced the appointment of Tim Grant as the new Head of Business. 

Grant was the co-founder and CEO of ConsenSys backed startup DrumG. Last year Grant’s startup which raised $6.5m in 2018, claimed to have major banks trialing its Titanium solution for OTC trading and data and previously mentioned Credit Suisse as a participant. However, a SIX spokesperson told Ledger Insights that Grant had left DrumG.

SDX, owned by the SIX Group, unveiled a prototype last year and is expected to launch later this year. It aims to offer end-to-end digital asset services such as trading, settlement and custody. In the past few months, the company has inked some strategic partnerships and acquired stakes in blockchain firms to support the development of the SDX. 

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