SIX Stock Exchange Joins Venture Opening Up Digital Assets to Swiss Banks
SIX will join Swisscom and Sygnum in a new venture aimed to enable Swiss banks to offer digital assets to their customers.
The BTCetc bitcoin ETP (BTCE) tracks the price of bitcoin and is physically backed.
The new hire, Rupertus Rothenhaeuser, was previously head of business at SIX Group's digital assets exchange.
It joins several other ETP providers on the exchange, including ETC Group, with its own physically backed bitcoin product.
The crypto corridor connecting Switzerland and Singapore is firming up, involving many of the usual suspects in banking, custody and trading.
An SBI Holdings subsidiary and SIX Digital Exchange will offer digital asset services for institutional investors in Singapore.