The Swiss exchange operator SIX Group integrates its SDX digital asset business, aiming to create a unified tokenization platform

ChainCatcher news, according to Cryptopolitan, the Swiss stock exchange operator SIX Group AG announced that it will integrate the operations of its digital asset division, SIX Digital Exchange (SDX), into the group's main exchange and post-trade services division.

This move marks the end of SDX's independent brand identity. In the future, SDX's trading operations 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 digital asset capabilities, it aims to create a unified and robust platform to simplify processes for banks and asset management companies in adopting blockchain technology for trading, custody, and token issuance, thereby accelerating the growth of digital asset businesses and the tokenization transformation of the financial system. SIX will also continue to collaborate with partners such as the Swiss National Bank (SNB) to advance important projects like wholesale central bank digital currencies (CBDC).