SIX Digital Exchange Links to SIX SIS to Boost Digital CHF Bond Accessibility

Switzerland

News / Switzerland 409 Views 0

SIX Digital Exchange Links to SIX SIS to Boost Digital CHF Bond Accessibility

Switzerland

News / Switzerland 409 Views 0

SIX Digital Exchange (SDX) announced the addition of SIX SIS to its Central Securities Depository (CSD), making it the first regulated CSD to have direct access to SDX.

The addition is expected to increase the accessibility of natively digital CHF-denominated bonds to the wider market and enable investors to purchase a digital bond and hold it in SIX SIS.

SDX offers issuance, listing, trading, settlement, servicing, and custody of digital securities. The platform is part of the SIX group which develops and operates infrastructure for financial institutions.

reuters

The company previously announced the launch of its new Ethereum stakings service for institutional clients in September.

David Hatton

David Hatton

“This new operational link between SDX CSD and SIX SIS enables digital CHF bonds natively issued on SDX CSD to be held and settled at SIX SIS.

This in turn opens future digital bond issuance to the broader CHF investor base, whilst laying the platform for a fully integrated CHF denominated digital bond market,”

said David Hatton, Head Digital Securities at SDX.

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