How a behemoth crypto trading platform could impact Switzerland asks what a new Swiss stock exchange, fusing the worlds of traditional and crypto finance, will mean for the burgeoning home-grown blockchain industry. What is the SIX Digital Exchange? It is a new trading platform to be rolled out in mid-2019 by the SIX Group, which runs the Swiss stock exchange. SIX says the fully regulated exchange will be the “first market infrastructure in the world to offer a fully integrated end to end trading, settlement and custody service for digital assets.” This means the platform will host all elements of trading under one roof, unlike other crypto exchanges that use third parties to execute parts of the chain. It will be run on a distributed ledger system (DLS) with similar properties to blockchain. Financial assets, such as bonds and equities, can be digitised and attached to a digital token to store their value and allow swift transaction between parties. Other stock exchanges are also looking at DLS technology. These include the ...

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