SIX Partners with Swisscom & Sygnum to Build Institutional Digital Asset Gateway

The Swiss Stock Exchange today agreed to take a major stake in Custodigit, a joint venture developed by Switzerland's leading telecoms & IT company Swisscom and Sygnum, the first digital asset bank to be formally recognized by Switzerland's regulator, FINMA. The exchange will also partner with the companies to build a unique Institutional Digital Asset Gateway, subject to the appropriate regulatory approvals.

​The gateway will support the complete investment value-chain from trading, to smart order routing, to settlement, to custody as well as access to secondary markets. This partnership gives banks – and their customers – trusted, safe, secure, compliant yet seamless access to crypto-currencies and digital assets. 

Thomas Zeeb, Chairman SIX Digital Exchange and Member Executive Board, SIX, said: "Custodigit is a functioning operator for digital asset servicing – not just an idea to be realised. Coupled with our very productive relationship with Swisscom and Sygnum Bank – it is clear that we have the perfect balance of elements to allow clients to access the digital markets to meet their needs. Today, and for the future."

Johannes Höhener, Head FinTech of Swisscom explained: "Digital assets will fundamentally change the financial industry. By combining the strengths of Switzerland's leading financial infrastructure providers, we are enabling banks - in Switzerland and beyond - to quickly enter a new financial services era. A historic opportunity."

Fabian Dori, Sygnum Group CEO, added: "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."