{"id":33050,"date":"2020-12-08T20:08:09","date_gmt":"2020-12-08T18:08:09","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=33050"},"modified":"2025-08-28T11:51:24","modified_gmt":"2025-08-28T08:51:24","slug":"sbi-holdings-and-six-to-build-blockchain-platform-for-institutional-clients","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/sbi-holdings-and-six-to-build-blockchain-platform-for-institutional-clients\/","title":{"rendered":"SBI Holdings and SIX to build blockchain platform for institutional clients"},"content":{"rendered":"<p>The digital subsidiaries of Switzerland&#8217;s SIX Swiss Exchange and Japan&#8217;s financial conglomerate SBI Holdings announced the launch in Singapore of a blockchain platform for institutional clients from Europe and Asia.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/News?src=hash&#038;ref_src=twsrc%5Etfw\">#News<\/a>! SIX Digital Exchange and <a href=\"https:\/\/twitter.com\/SBI_DAH?ref_src=twsrc%5Etfw\">@SBI_DAH<\/a> will work together towards a Singapore-based joint exchange venture to drive institutional <a href=\"https:\/\/twitter.com\/hashtag\/digitalasset?src=hash&#038;ref_src=twsrc%5Etfw\">#digitalasset<\/a> liquidity!<br \/>\nLearn more\u27a1\ufe0f<a href=\"https:\/\/t.co\/bZXaqAz2iv\">https:\/\/t.co\/bZXaqAz2iv<\/a><a href=\"https:\/\/twitter.com\/hashtag\/blockchain?src=hash&#038;ref_src=twsrc%5Etfw\">#blockchain<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/digitalexchange?src=hash&#038;ref_src=twsrc%5Etfw\">#digitalexchange<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/fintech?src=hash&#038;ref_src=twsrc%5Etfw\">#fintech<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/singapore?src=hash&#038;ref_src=twsrc%5Etfw\">#singapore<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/sbigroup?src=hash&#038;ref_src=twsrc%5Etfw\">#sbigroup<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/sdx?src=hash&#038;ref_src=twsrc%5Etfw\">#sdx<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/tokenization?src=hash&#038;ref_src=twsrc%5Etfw\">#tokenization<\/a> <a href=\"https:\/\/t.co\/6sXl5SOWd6\">pic.twitter.com\/6sXl5SOWd6<\/a><\/p>\n<p>\u2014 SIX Digital Exchange (@SDX_global) <a href=\"https:\/\/twitter.com\/SDX_global\/status\/1336203892493791236?ref_src=twsrc%5Et fw\">December 8, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The initiative awaits regulatory approval from the local regulator. It is expected to occur no later than 2022.<\/p>\n<p>The joint venture SIX Digital Exchange (SDX) and SBI Digital Asset Holdings will offer issuance, listing, trading, and central securities depository infrastructure for digital assets, cryptocurrencies, and regulated security tokens.<\/p>\n<blockquote>\n<p>\u201cThe platform will create a powerful institutional corridor between Europe and Asia,\u201d said SBI Holdings CEO Yoshitaka Kitao.<\/p>\n<p>\u201cA focus on global liquidity. This is what institutional investors want \u2014 to trade from 9 to 16 on their home market, and then move to the next, and the next,\u201d explained Tim Grant, head of SDX.<\/p>\n<\/blockquote>\n<p>In October, SBI Holdings <a href=\"https:\/\/forklog.com\/en\/news\/sbi-holdings-acquires-the-taotao-cryptocurrency-exchange\">became the owner of<\/a> the cryptocurrency exchange TaoTao. It was integrated into the subsidiary company SBI Liquidity Market.<\/p>\n<p>The conglomerate&#8217;s partner is the American startup Ripple, with which they have collaborated since 2016. In 2018, SBI Holdings launched a mobile payments app built on RippleNet.<\/p>\n<p>SIX Swiss Exchange is known for listing exchange-traded products on Bitcoin and other cryptocurrencies, and for developing the SDX blockchain platform for security tokens.<\/p>\n<p>Earlier it was announced that SDX and custodial Custodigit <a href=\"https:\/\/forklog.com\/en\/news\/swiss-six-stock-exchange-to-launch-crypto-gateway-for-banks\">will launch<\/a> the Institutional Digital Asset Gateway.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The digital subsidiaries of Switzerland&#8217;s SIX Swiss Exchange and Japan&#8217;s financial conglomerate SBI Holdings announced the launch in Singapore of a blockchain platform for institutional clients from Europe and Asia.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1156,1847,946,914],"class_list":["post-33050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-institutional-investors-and-whales","tag-sbi-holdings","tag-singapore","tag-six-swiss-exchange"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/33050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=33050"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/33050\/revisions"}],"predecessor-version":[{"id":33051,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/33050\/revisions\/33051"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=33050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=33050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=33050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}