“Can regulated incumbent financial market infrastructure win the institutional digital asset market by offering end-to-end tokenized securities trading, settlement, and custody under full regulatory oversight?”
SIX Digital Exchange was established by SIX Group (operator of the Swiss Stock Exchange) to build a regulated end-to-end digital asset infrastructure covering trading, settlement, and custody. Unlike crypto-native exchanges, SDX is positioned as regulated financial market infrastructure for tokenized securities and digital assets, targeting institutional participants. The Solarisbank partnership indicates SDX leverages BaaS infrastructure for certain banking and account services related to its digital asset ecosystem.