SDX, operator of a Swiss stock exchange and CSD using distributed ledger technology, welcomes Hypothekarbank Lenzburg as a new member on its Central Securities Depository (CSD).
Joining SDX’s CSD marks a milestone for Hypothekarbank Lenzburg on its path to becoming a major player in the Swiss market for tokenized digital assets and bringing native digital securities onto the platform. With SDX’s comprehensive infrastructure for various digital securities types, including Digital Bonds and Digital Equities.
“The SDX membership marks a significant step in advancing our bank’s presence in digital assets. Beyond token issuance and custody, our offering should include the possibility of listing digital value rights on a trusted trading venue. SDX’s ecosystem aligns seamlessly with our goals, and we eagerly anticipate this cooperation,”
says Marianne Wildi, CEO of Hypothekarbank Lenzburg.
“We firmly believe that a strategic alliance with Hypothekarbank Lenzburg facilitates our mission to provide institutional clients with innovative, trusted, and efficient financial markets infrastructure and services for digital assets,”
adds David Newns, Head of SIX Digital Exchange.
Hypothekarbank Lenzburg is the 6th bank to join SDX and is in the illustrious round with Berner Kantonalbank , Credit Suisse, Kaiser Partner Privatbank, UBS and Zürcher Kantonalbank.
Featured image credit: edited from Freepik
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