Raiffeisen Schweiz joins SDX, a Swiss regulated financial market infrastructure for digital assets.
SDX operates a stock exchange and CSD utilizing distributed ledger technology (DLT).
These memberships position Raiffeisen Schweiz at the forefront of the digital asset revolution and align with its ambition to issue native digital products upon joining the SDX CSD.
SDX offers a blockchain-based platform for the issuing, trading, settling, and custody of digital securities. Its “atomic settlement” feature synchronizes trade execution, securities transfer, and payment, eliminating counterparty risks for clients. Furthermore, SDX’s integration with SIS (SIX CSD) facilitates access for institutional clients, bridging the gap between digital and traditional infrastructures.
Werner Leuthard
“By joining the SDX ecosystem, Raiffeisen Switzerland increases its footprint and experience in digital assets with the aim of actively contributing to the development of the digital assets industry and product landscape”,
says Werner Leuthard, Head of Trading at Raiffeisen Switzerland.
Featured image credit: Edited from Unsplash
