SIX Group received FINMA approval to provide crypto custody through the same regulated infrastructure used for traditional securities settlement and post-trade services.
SIX Group said it has received approval from Swiss regulator FINMA to integrate crypto custody into its central securities depository infrastructure, allowing financial institutions to access digital asset custody through the same regulated post-trade system used for traditional securities.
The approval also allows SIX to merge its digital central securities depository, SIX Digital Exchange, into SIX SIS AG, consolidating digital and traditional asset services under a single legal entity.
SIX said the structure is intended to give institutions a single infrastructure layer for settlement and custody across both traditional and digital assets.
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