Swiss Exchange SIX Approved by FINMA to Integrate Digital CSD Operations and Offer Cryptocurrency Custody Services

ME News Report, May 5th (UTC+8), 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, formerly SIX Digital Exchange AG operations) into the existing SIX SIS AG division. At the same time, FINMA has also authorized SIX to provide cryptocurrency custody services through this merged central securities depository. Previously, SIX maintained separate infrastructures for traditional markets and blockchain-based assets for many years. This integration eliminates that boundary, creating a single platform that supports end-to-end trading and post-trade services across asset classes. Financial institutions can manage cryptocurrency custody under the FINMA regulatory framework using the same security systems as traditional instruments like stocks and bonds. Rafael Moral Santiago, head of securities services and member of the executive committee at SIX, stated that the goal is to provide financial institutions with a single secure entry point into digital assets, combining innovation with the stability of existing systems. This move is part of SIX’s long-term plan to develop comprehensive post-trade solutions across Europe by 2030. SIX is headquartered in Switzerland and is owned by approximately 120 financial institutions, with business covering exchanges, post-trade services, financial information, and payment infrastructure. (Source: ChainCatcher)