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Digital Economy:
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Swiss SIX will become the first fully integrated digital assets trading platform

10 July 2018   |  in Exchange   |  in Exchange
Swiss SIX will become the first fully integrated digital assets trading platform

SIX, a Swiss stock exchange, has announced its intention to create the service, that will allow trading, making payments and storing funds in digital assets.

The exchange will cooperate both with popular cryptos and tokens of ICO projects.

“SIX Digital Exchange will be the first market infrastructure in the world to offer a fully integrated end to end trading, settlement and custody service for digital assets,” states the official website.

SIX intends to create an infrastructure that will enable the digital assets trading and provide settlements, transaction and depository services. The Exchange is fully regulated by Swiss Authorities and the Swiss National Bank. Swiss Digital Exchange, the new project of SIX, will enjoy the same standard of oversight and regulation.

“This is the beginning of a new era for capital markets infrastructures. It’s clear for us that much of what is going on in the digital space will continue to shape the future of our industry. Now the financial industry is to bridge the gap between traditional financial services and digital communities," Jos Dijsselhof, the CEO of the company, has commented.

The first services will be possibly rolled out in the middle of 2019. Details about activity execution are not disclosed.

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