Swiss Financial Infrastructure Provider SIX Group Adds Crypto Custody Services
Summary
The Swiss regulator FINMA has granted SIX Group approval to integrate crypto custody into its central securities depository infrastructure. This move allows financial institutions to manage digital assets using the same regulated post-trade systems previously reserved for traditional securities. As part of this integration, SIX will merge its SIX Digital Exchange into SIX SIS AG, creating a unified infrastructure layer for both digital and traditional assets. This development reflects a broader industry trend among major financial institutions to adopt blockchain technology and tokenization for more efficient securities settlement.
(Source:Cointelegraph)