SIX’s New Exchange to Initially Focus on Digital Tokens

Sven Roth, chief digital officer at SDX, said the new exchange will initially focus on digital tokens on its own distributed ledger technology before tokenizing existing securities, according to a story in Markets Media. SIX, which manages Switzerland’s stock exchange and market infrastructure, said last July that it would be launching SIX Digital Exchange, a fully regulated and integrated trading, settlement and custody infrastructure for digital assets. SIX said it had chosen Corda Enterprise, R3’s blockchain platform, to provide the underlying technology for SDX. The SDX launch is subject to regulatory approval from Swiss authorities.