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

According to Mars Finance, as reported by Cryptopolitan, the Swiss stock exchange operator SIX Group AG announced that it will integrate its digital asset division SIX Digital Exchange (SDX) into the group's main exchange and post-trade service 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 the processes for banks and asset management companies in adopting Blockchain technology for trading, custody, and token issuance, thereby accelerating the rise of digital asset business and the tokenization transformation of the financial system. SIX will also continue to collaborate with entities such as the Swiss National Bank (SNB) to advance important projects like wholesale Central Bank Digital Currency (CBDC).