TechFlow News, May 5: According to Crowdfund Insider, Swiss financial market infrastructure provider SIX has received approval from the Swiss Financial Market Supervisory Authority (FINMA) to directly integrate its digital central securities depository (CSD)—previously operated by SIX Digital Exchange AG—into its existing SIX SIS AG division. Concurrently, FINMA has authorized SIX to offer cryptocurrency custody services through this merged CSD.
Previously, SIX maintained separate infrastructures for traditional markets and blockchain-based assets for many years. This integration eliminates that distinction, establishing a single platform capable of supporting end-to-end post-trade operations across asset classes. Financial institutions can now manage cryptocurrency custody under the same security framework used for traditional instruments such as equities and bonds—all within FINMA’s regulatory framework.
Rafael Moral Santiago, Head of Securities Services and Member of the Executive Committee at SIX, stated that the objective is to provide financial institutions with a single, secure entry point into digital assets, combining innovation with the stability of existing systems. This move forms part of SIX’s long-term strategic plan to build a comprehensive European post-trade solutions offering by 2030.
SIX, headquartered in Switzerland, is owned by approximately 120 financial institutions and operates across exchanges, post-trade services, financial information, and payment infrastructure.
