SIX invests in Custodigit

The Swiss Stock Exchange today announced an investment in Custodigit. With this agreement, SIX Digital Exchange, Swisscom and Sygnum Bank enable Swiss banks to offer access to digital assets for their customers through a unique Institutional Digital Asset Gateway.

The Swiss Stock Exchange today agreed to take a major stake in Custodigit, the joint venture created by Swisscom and Sygnum in 2018, and to partner with Swisscom, Switzerland’s leading telecoms & IT company, and digital asset bank Sygnum.

Subject to the appropriate regulatory approvals, SIX Digital Exchange and Custodigit will provide a unique Institutional Digital Asset Gateway. The gateway will support the complete investment value-chain and will enable banks to develop new financial services and yet to be imagined products around cryptocurrencies and digital assets for their customers.

An initial joint service, based on the already available Custodigit platform, will be released in Q1 2021. Fabian Dori,Sygnum GroupCEO a.i. said, ''Together with SIX and the existing partners, we look forward to empowering even more banks to offer digital asset services, driving more innovation and positive change for the industry and, most importantly, value for our clients.''

(Press release / SK)