Swiss exchange operator SIX Group integrates SDX digital asset business to create a unified tokenization platform
ChainCatcher news, according to cryptopolitan, Swiss stock exchange operator SIX Group AG has announced that it will integrate its digital asset division, SIX Digital Exchange (SDX), into the group's main exchange and post-trade services divisions.
This move marks the end of SDX's independent brand identity. In the future, SDX's trading business will be handled by SIX's main exchange, while settlement and custody services will be transferred to SIX Securities Services. SIX Group stated that by integrating its digital asset capabilities, it aims to create a unified and robust platform to simplify processes such as trading, custody, and token issuance using blockchain technology for banks and asset management companies, thereby accelerating the growth of digital asset business and the tokenization transformation of the financial system. SIX will also continue to collaborate with the Swiss National Bank (SNB) and others to advance key projects such as wholesale central bank digital currency (CBDC).
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