{"id":49241,"date":"2021-09-10T17:43:01","date_gmt":"2021-09-10T14:43:01","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49241"},"modified":"2025-09-02T11:39:12","modified_gmt":"2025-09-02T08:39:12","slug":"six-group-secures-licenses-to-launch-a-platform-for-trading-digital-assets","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/six-group-secures-licenses-to-launch-a-platform-for-trading-digital-assets\/","title":{"rendered":"SIX Group secures licenses to launch a platform for trading digital assets"},"content":{"rendered":"<p>The SIX Digital Exchange (SDX) platform has received FINMA licenses to operate as an exchange and a central securities depository for digital assets in Switzerland. <span data-descr=\\\"Swiss Financial Market Supervisory Authority\\\" class=\\\"old_tooltip\\\">FINMA<\/span><\/p>\n<p>\\n\\n\\n\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">SIX Digital Exchange gets regulatory approval from FINMA!<\/p>\n<p>Today, SIX Digital Exchange (SDX) formally received the FINMA go-ahead to operate a stock exchange and a central securities depository for digital assets in Switzerland.<a href=\\\"https:\/\/twitter.com\/hashtag\/sixnews?src=hash&#038;ref_src=twsrc%5Etfw\\\">#sixnews<\/a> <a href=\\\"https:\/\/twitter.com\/hashtag\/sdx?src=hash&#038;ref_src=twsrc%5Etfw\\\">#sdx<\/a> <a href=\\\"https:\/\/twitter.com\/hashtag\/tfofin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#tfofin<\/a><a href=\\\"https:\/\/t.co\/iKJnDCSYZf\\\">https:\/\/t.co\/iKJnDCSYZf<\/a><\/p>\n<p>\u2014 SIX (@sixgroup) <a href=\\\"https:\/\/twitter.com\/sixgroup\/status\/1436207092956807169?ref_src=twsrc%5Etfw\\\">September 10, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n\\n\\n<\/p>\n<p>SDX is owned by the operator of the Swiss stock exchange SWX (SIX Swiss Exchange) \u2014 SIX Group. The organisation announced plans to launch a regulated platform for trading digital assets in 2018.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>In 2019, SIX Group said that to build the platform it would employ the Corda blockchain from the R3 consortium. It was envisaged that SDX would allow clients to trade digital assets, including tokenised securities, and conduct <a href=\"https:\/\/forklog.com\/en\/news\/what-are-security-tokens-and-security-token-offerings-stos\">STO<\/a>.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>According to the press release, the exchange&#8217;s plans have not changed over the past three years.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;[The licenses] will allow SDX to launch a fully regulated, integrated trading, clearing and depository infrastructure based on distributed ledger technology for digital securities,&#8221; the announcement said.<\/p>\n<\/blockquote>\n<p>\\n\\n\\n\\n<\/p>\n<p>In the near term, the organisation plans to invest in developing a digital ecosystem to create a global network of liquidity. SDX will participate in joint ventures and promote the platforms among foreign and local financial companies.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;As the international client base expands, including banks, issuers of securities, insurance companies and institutional investors, SDX participants will create a global network for exchanging digital assets,&#8221; the company added.<\/p>\n<\/blockquote>\n<p>\\n\\n\\n\\n<\/p>\n<p>In December 2020, SDX said that, together with the Japanese conglomerate SBI <a href=\"https:\/\/forklog.com\/en\/news\/sbi-holdings-and-six-to-build-blockchain-platform-for-institutional-clients\">is working on launching a similar platform in Singapore<\/a>.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>In June, one of Spain&#8217;s largest banks, <span data-descr=\\\"Banco Bilbao Vizcaya Argentaria\\\" class=\\\"old_tooltip\\\">BBVA<\/span> <a href=\"https:\/\/forklog.com\/en\/news\/bbva-launches-bitcoin-storage-and-trading-service-in-switzerland\">launched a service for trading and storing cryptocurrencies in Switzerland<\/a>.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/vk.com\/forklogcom\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">VK<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The SIX Digital Exchange platform received FINMA licenses to operate as an exchange and a central securities depository for digital assets in Switzerland.<\/p>\n","protected":false},"author":1,"featured_media":49242,"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":[914,468],"class_list":["post-49241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-six-swiss-exchange","tag-switzerland"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49241","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=49241"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49241\/revisions"}],"predecessor-version":[{"id":49243,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49241\/revisions\/49243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/49242"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=49241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=49241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=49241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}