SIX Group, Complete Overhaul of Blockchain Asset Trading Platform with SDX Integration
Switzerland's leading financial infrastructure operator, SIX Group AG, plans to significantly improve the structure of its digital asset trading division. The independent digital trading brand, SDX(SIX Digital Exchange), will be dismantled and fully integrated into the existing major exchanges and post-trade infrastructure.
Looking at the specific changes, all trading-related operations will be unified under SIX's central exchange system, and settlement and asset custody services will be transferred to SIX Securities Services. This aims to reorganize the previously dispersed services into a single integrated platform.
The core goal of this integration is to simplify the process of adopting blockchain technology for financial institutions. Banks and asset managers will no longer need to go through multiple channels; instead, they will be able to handle everything—from trading and asset management to token issuance—on a single unified platform.
Alongside this, SIX Group is continuously working with various partner organizations, including the Swiss National Bank(SNB), to develop wholesale central bank digital currency(CBDC) projects. This is part of a strategy to provide more advanced financial services based on a solid foundation established through the SDX integration.
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SIX Group, Complete Overhaul of Blockchain Asset Trading Platform with SDX Integration
Switzerland's leading financial infrastructure operator, SIX Group AG, plans to significantly improve the structure of its digital asset trading division. The independent digital trading brand, SDX(SIX Digital Exchange), will be dismantled and fully integrated into the existing major exchanges and post-trade infrastructure.
Looking at the specific changes, all trading-related operations will be unified under SIX's central exchange system, and settlement and asset custody services will be transferred to SIX Securities Services. This aims to reorganize the previously dispersed services into a single integrated platform.
The core goal of this integration is to simplify the process of adopting blockchain technology for financial institutions. Banks and asset managers will no longer need to go through multiple channels; instead, they will be able to handle everything—from trading and asset management to token issuance—on a single unified platform.
Alongside this, SIX Group is continuously working with various partner organizations, including the Swiss National Bank(SNB), to develop wholesale central bank digital currency(CBDC) projects. This is part of a strategy to provide more advanced financial services based on a solid foundation established through the SDX integration.