SIX Digital Exchange

Today, the Swiss National Bank announced the continuation of the Helvetia Pilot on SDX for the next two years. This initiative focuses on settling tokenized securities in Swiss franc wholesale central bank digital currency (wCBDC). Following the success of Project Helvetia III, which demonstrated efficient and safe settlement of tokenized assets in wCBDC, the pilot will expand to include more financial institutions and a broader range of market transactions.   SDX’s robust infrastructure ensures wholesale transactions are settled in the safest form of money — central bank money. The successful issuance of six digital bonds, totaling over CHF 750 million and settled in wCBDC, demonstrates market confidence in our digital asset platform. The continued Helvetia Pilot will further advance digital financial markets, enabling more participants to adopt on-chain wCBDC settlement. Read more in our press release: https://lnkd.in/dM_sqPb9 #SDX #wCBDC #CBDC #digitalassets #blockchain

Join us at Web4Connect, an exclusive event by the Web4Connect association, where visionary leaders and decision-makers are coming together to shape the future of technology. David Newns, Head of SDX, will be participating in an insightful panel discussion on Digital Assets Market Perspectives. The panel, moderated by Emilie-Alice Fabrizi from The Good Token Society, will also feature insights from industry experts Sebastien Dessimoz of Taurus SA, Kevin de Patoul of Keyrock, and Polona Bregar Bastar of Bitstamp. Don't miss this opportunity to gain valuable perspectives on the evolving digital assets landscape. Don't forget to register: https://web4connect.ch/ #SDX #digitalassets #blockchain

Meet our team, Christophe Racine and Mirjam Hagmann, at Vision Bank, as we explore the future of the Swiss financial centre! How do you reorganize in today’s dynamic environment? Should you rely on the old or embrace the new, stick with tradition or pursue innovation—or is there a way to do both? What role do emerging technologies play in reshaping financial markets, and what’s next on the horizon? How do you expand beyond your region, and why choose to stay when others leave? Be part of these compelling conversations on September 5, 2024. Schedule a meeting with our sales team: [email protected] More information: https://lnkd.in/e-26rGXG

Are you interested in how the use of wholesale Central Bank Digital Currencies (wCBDCs) can contribute to more efficient cross-border transactions and trade finance? Watch our latest Lakeside Chat with Mathias Studach, Head of Finance, Risk, and Organizational Development at SDX, to learn how wCBDCs can improve efficiency, reduce costs, and increase transparency by minimizing intermediaries and leveraging blockchain technology. 💡Discover more about the Helvetia Pilot and reach out to us for additional insights: https://lnkd.in/dypkhV7Q #SDX #wCBDC #blockchain #DLT

At SDX, we are actively pursuing various initiatives to drive innovation in the digital bond space. Watch our latest animation and learn more about the three modules that are live. 📩 For more details, contact our sales team: [email protected] #SDX #blockchain #digitalassets #digitalbonds

David Newns, Head of SDX, participated in the workshop "Does the Future Belong to Private or Public Blockchains?" at the Point Zero Forum, powered by Fireblocks, on July 3rd. David and his fellow panelists, Dr. Johnna Powell, Rene Michau, and Toh Wee Kee, explored the specific requirements of regulated capital markets and the limitations of public blockchain infrastructure in meeting these needs. The panel covered topics such as cybersecurity and smart contract exploits, as well as governance challenges, and risk ownership related to using public chain infrastructure to carry out regulated activities. Speakers also addressed the global regulatory stance on public blockchains, with financial institutions building digital asset businesses on both private and public blockchains debating their merits and challenges. Key takeaways included insights into what prevents institutions from embracing public blockchains today, the balance between control and scalability, and the need for collaborative private sector solutions that meet interoperability and regulatory requirements. David highlighted that digital assets, by their nature, can be susceptible to different cybersecurity risks compared to traditional assets. He also emphasized the significant role that Financial Market Infrastructure providers like SDX will play in driving the evolution of blockchain-based capital markets. FMIs are crucial for adopting and scaling blockchain services in regulated markets, providing a legal foundation and enabling sound governance. As the industry moves towards decentralized blockchain-based capital markets, FMIs are well suited to manage the governance of service and asset related smart contracts, the identification and permissioning of AML/KYC’d counterparties, and the bridging of traditional and tokenized markets.   Additionally, David and the panelists discussed the Basel Committee's new framework for banks' crypto asset exposures and the amendments tightening the criteria for certain stablecoins to receive a preferential regulatory treatment. They noted that these changes, effective by January 1, 2026, will impose practical limits on institutional use of permissionless tokens on public blockchains clearly delineating the acceptable and practical use of these technologies by financial institutions as they execute on their digital assets strategies. It was exciting to be part of this discussion, contributing to the dialogue on the future of blockchain technology. The industry's commitment to building a sound, safe and scalable capital markets infrastructure based on transformational blockchain technology is evident, promising challenges and opportunities to reshape the financial landscape. #SDX #digitalassets #blockchain

We are excited to share Part 2 of the RULEMATCH Spot On podcast featuring David Newns, Head of SDX, in conversation with Ian Simpson. In this insightful episode, they explore how Switzerland is at the forefront of revolutionizing financial markets, from the Helvetia Pilot exploring how well a digital version of central bank money works in productive settings to the tokenization of assets, and what these advancements mean for the future of capital markets. 🎥 Watch the episode here: https://lnkd.in/dykNMkc2 Key topics David and Ian discuss include: 🔹 Switzerland’s pivotal role in global wCBDC projects 🔹 Regulatory advancements like MiCA and the Swiss DLT legislation shaping digital finance 🔹 The evolving role of banks in digital asset custody 🔹 The growing network of member banks on SDX 🔹 Why Switzerland continues to "win the digital assets race" Don’t miss this insightful episode where David shares his expertise on how Switzerland is setting the pace in the digital asset space, as well as on the latest developments at SDX and beyond! #SDX #digitalassets #blockchain #DLT

Watch our latest Lakeside Chat with Marco Kessler, Head Digital Assets, and learn to see how SDX is leading the way in digital asset issuance. Following the launch of Helvetia Pilot and the World Bank’s recent digital bond issuance, SDX has surpassed $1 billion in assets under custody. This momentum reflects the growing global interest in digital securities. #SDX #digitalassets #blockchain

💡"Digital supremacy" doesn't happen overnight. #SpotOn As David Newns of SIX Digital Exchange explains in the latest episode of RULEMATCH Spot On - unlocking the most innovative use cases for #blockchain and #DLT in #capitalmarkets requires a great amount of work. ...meaning: - Interoperability between #digitalinfrastructure and #TradFi systems - Integrated systems among participating #financial institutions - Digital settlement currencies to minimize risk and boost capital efficiency But with those pieces in place - things like digital collateral mobilization and fractionalization become possible. What else might be possible? Watch/read/listen to the full episode here to find out: https://lnkd.in/dSu4fYki #digitalsecurities #digitalization #sixdigitalexchange

📢 We are excited to announce that we will be participating in the prestigious Sibos conference in October, in Beijing. Jos Dijsselhof, CEO, SIX, along with representatives from SIX Securities Services, SIX Financial Information and SIX Digital Exchange, will be in attendance. Book your meeting now (link in comments) and ensure your spot for a one-on-one discussion with our team. Or just come by and visit us at booth H05. We look forward to meeting you and discussing how we can support your growth and success! Stay tuned for updates and insights from our team at Sibos 2024! #Sibos2024 #TheFutureofFinanceIsNow