SIX wants to build a stock exchange for digital assets

SIX plans to set up an exchange of digital assets – the SIX Digital Exchange. This should create a platform that will allow the issue, negotiation, settlement and custody of digital assets in the future. The offer will also be complemented by the segmentation of existing securities as well as by the integration of non-financial assets – that is, "non-bankable assets" – as SIX has done. announced in a press release. The financial services provider intends to launch the first services in mid-2019. The SIX Digital Exchange will be based on distributed ledger technology (DLT) – one of the best known is blockchain.

With the Digital Exchange, SIX wants to launch an end – to – end offering integrating traditional and new infrastructures and to complement the fragmented models of today, the press release continues. According to SIX, this would be the first platform of its kind in the world. In the rapidly evolving market of cryptocurrencies, the manager of financial market infrastructure, under the supervision of the Federal Financial Markets Authority, wants to build confidence. "The digital world is currently facing many challenges, which also means that there is still no regulation guaranteeing security, stability and transparency and clearly defining and defining the responsibilities of suppliers and stakeholders. of the market, "said Thomas Zeeb, head of securities and trading at SIX.] Jos Dijsselhof, CEO of SIX, says:" A new era is opening up for financial market infrastructure. It is clear to us that digitization is progressing and that it will shape the future of our industry. As a bridge builder, SIX can bridge the gap between traditional financial services and digital offerings. "