SIX Wins Swiss Regulatory Approval to Merge Digital and Traditional Securities Infrastructure | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis

Swiss financial infrastructure group SIX has received approval from the Swiss Financial Market Supervisory Authority (FINMA) to merge its digital central securities depository (CSD), SIX Digital Exchange, into its established CSD, SIX SIS AG, bringing digital and traditional asset services together within a single regulated legal entity.

FINMA has also approved SIX to offer crypto custody services through the consolidated CSD, a development the group described as a milestone in the creation of regulated institutional market infrastructure for digital assets.

The combined entity will operate under what SIX calls a “one plug to two worlds” model, offering financial institutions a single access point for both traditional securities and digital assets. 

The company noted that the approach is designed to reduce operational complexity whilst providing the legal certainty and resilience associated with established financial market infrastructure.

Rafael Moral Santiago, Head of Securities Services and a member of the SIX Executive Board, said the group’s objective was to provide financial institutions with a unified, secure and regulated gateway to digital assets. 

He added that integrating crypto custody into the core CSD offering combined innovation with the regulatory robustness that institutional clients require.

The consolidation forms part of SIX’s broader ambition to become a pan-European provider of integrated, digital post-trade solutions by 2030.