SIX Digital Exchange (SDX) has received regulatory clearance by FINMA to support the issuance, trading and settlement of bonds denominated in EUR.
The service will be live on 1st of February 2023 for all members of SDX.
#SDX received regulatory clearance by FINMA to support the issuance, trading & settlement of bonds denominated in #EUR, opening new possibilities to market participants in the #digitalasset space! https://t.co/WKOuoplRjU pic.twitter.com/4XAzP5fgFN
— SIX Digital Exchange (@SDX_global) January 24, 2023
Issuers will be able to make use of this service to issue EUR denominated bonds under Swiss law, opening up new possibilities for market participants in the digital asset space.
SDX members trading in bonds issued and settled in EUR can now also benefit from atomic trading and settlement via SDX-CSD, the first regulated CSD based on DLT. Members of SDX-CSD will be able to initiate a tokenization and de-tokenization of tEUR (tokenized EUR) through a connection to euroSIC. The process is similar to existing processes for tCHF.
David Newns, Head SDX, noted “With this step, SDX once again underscores its pioneer status in the digital asset space. We are harnessing distributed ledger technology for future service offerings which are now attractive and applicable to the EUR market. These are truly exciting times!”
Source: SDX
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
Existing infrastructure will be combined with Canton's blockchain technology.
-
KfW will test new ways of payment processing in central bank funds during the transaction.
-
Activity during the first quarter largely reflects transactions completed in the first two months.
-
Global investors are increasing their allocation to EM Asia sovereign bond markets.
-
The €15.3 trillion Eurobond market is the world’s third largest debt market.