Hypothekarbank Lenzburg Joins SDX as New Member on Central Securities Depository

SIX Digital Exchange (SDX), part of SIX Group and the world's first end-to-end platform for digital assets, today announced that Hypothekarbank Lenzburg AG, a Swiss mortgage bank, has become a new member on its Central Securities Depository (CSD).

SDX is a stock exchange and CSD operator that adopts distributed ledger technology (DLT)​, under the supervision of the Swiss Financial Market Supervisory Authority (FINMA). With SDX's comprehensive infrastructure for various digital securities types, including Digital Bonds and Digital Equities, Hypothekarbank Lenzburg gains access to a single, reliable, and trusted DLT-based platform that fulfills the regulatory requirements.

Marianne Wildi, CEO of Hypothekarbank Lenzburg AG, said: "The SDX membership marks a significant step in advancing our bank's presence in digital assets. Beyond token issuance and custody, our offering should include the possibility of listing digital value rights on a trusted trading venue. SDX's ecosystem aligns seamlessly with our goals, and we eagerly anticipate this cooperation."

David Newns, Head of SDX, said: "We firmly believe that a strategic alliance with Hypothekarbank Lenzburg facilitates our mission to provide institutional clients with innovative, trusted, and efficient financial markets infrastructure and services for digital assets."

In addition to Hypothekarbank Lenzburg AG, Other banks joining SDX include Berner Kantonalbank, Credit Suisse, Kaiser Partner Privatbank, UBS and Zürcher Kantonalbank.