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.
SBI's digital assets subsidiary will lead a round that will have raised around $30 million for the Swiss firm over six months.
Regulated crypto banks SEBA and Sygnum each issued tokenized securities to mark the occasion.
Bordier & Cie clients will be able to buy, hold and trade digital assets such as bitcoin, ethereum, bitcoin cash and tezos.
In effect from today, Switzerland's new blockchain law allows Sygnum to freely issue tokenized assets, starting with investable wines.
The regulated Swiss firm is now eyeing a dual listing of shares in Switzerland and Singapore in partnership with the SIX Digital Exchange.