SIX wins FINMA approval for digital exchange merger and crypto custody
Updated
Updated · Markets Media · May 5
SIX wins FINMA approval for digital exchange merger and crypto custody
14 articles · Updated · Markets Media · May 5
The Swiss group will fold SIX Digital Exchange AG into SIX SIS AG, its licensed central securities depository, consolidating services in one legal entity.
The move lets financial institutions access crypto custody through the same regulated post-trade infrastructure used for traditional securities, aiming to provide legal certainty and operational resilience.
SIX said the approvals support its “one plug to two worlds” model linking digital and traditional assets and advance its goal of becoming a pan-European integrated post-trade provider by 2030.
Is SIX's new integrated digital asset model creating a blueprint for Europe or a fortress around Swiss finance?
By merging crypto and traditional assets, has SIX eliminated risk or created a new single point of systemic failure?
Will SIX's 'one plug' model bridge two worlds or simply absorb crypto's innovation into the traditional system?
How FINMA’s 2026 Crypto Custody Framework Enabled SIX’s “One Plug to Two Worlds” Post-Trade Revolution
Overview
In early 2026, FINMA approved the merger of SIX Digital Exchange into SIX SIS AG, uniting digital and traditional securities services under one regulated platform. This consolidation enables seamless, efficient post-trade services across all asset classes, supported by FINMA's new crypto custody framework that ensures secure, bankruptcy-proof asset protection. The integration, planned over 9-12 months, combines advanced technologies like real-time settlement, smart contracts, and multi-ledger interoperability, enhancing client experience and operational resilience. Positioned to compete with major European players, SIX aims to lead the pan-European market by 2030, leveraging innovation and AI-driven compliance to navigate regulatory challenges and crypto market risks.