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Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, became the sixth Swiss bank to join Six Digital Exchange (SDX), per a recent update on Sep. 27. 
In addition to SDX’s parent company, Six Group, several other Swiss banks, including Berner Kantonalbank, Credit Suisse, Kaiser Partner Privatbank, UBS, and Zürcher Kantonalbank, have been integrated. 
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 We are excited to announce that Hypothekarbank Lenzburg AG joins <a href="https://twitter.com/hashtag/SDX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#SDX</a> as a new member on the Central Securities Depository. Joining SDX's <a href="https://twitter.com/hashtag/CSD?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#CSD</a> marks a milestone for Hypothekarbank Lenzburg on its path to becoming a major player in the <a href="https://twitter.com/hashtag/Swissmarket?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Swissmarket</a> for tokenized <a href="https://twitter.com/hashtag/digitalassets?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#digitalassets</a> and… <a href="https://t.co/D2zS5w5o5V" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/D2zS5w5o5V</a>— SIX Digital Exchange (@SDX_global) <a href="https://twitter.com/SDX_global/status/1706936311024668869?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 27, 2023</a> 
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Hypothekarbank Lenzburg can now trade digital securities like bonds and equities after joining SDX’s central securities depository. 
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 “The SDX membership marks a significant step in advancing our bank’s presence in digital assets. Beyond token issuance and custody, our offering should include the possibility of listing digital value rights on a trusted trading venue.” <cite>Marianne Wildi, CEO of Hypothekarbank Lenzburg.</cite> 
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 You might also like: <a href="https://crypto.news/ton-foundation-launches-in-switzerland-as-a-non-profit-organization/" rel="noopener noreferrer nofollow"> TON Foundation launches in Switzerland as a non-profit organization </a> 
The latest development follows SDX’s successful<a href="https://crypto.news/switzerlands-six-digital-exchange-launches-ethereum-staking-for-institutions%ef%bf%bc/" target="_blank" rel="noopener noreferrer nofollow">&nbsp;launch of its non-custodial Ethereum staking service</a>&nbsp;for institutional investors on Aug. 26 last year. 
Tailored for businesses aiming to scale their Ethereum staking activities, the service allows them to earn yields without the usual complications. 
SDX unveiled SDX web3 Services in June 2022 to assist institutional investors in securely adopting emerging technologies like crypto and non-fungible tokens (NFTs). 
Due to its favorable regulatory environment, Switzerland leads the way in crypto and blockchain adoption.&nbsp; 
In April, PostBank, the Swiss government-owned consumer banking institution,&nbsp;<a target="_blank" href="https://www.sygnum.com/news/postfinance-partners-with-sygnum-bank-to-offer-cryptocurrencies/" rel="noopener noreferrer nofollow">partnered</a>&nbsp;with Sygnum, a digital asset bank, to offer regulated banking services to customers. 
 Read more: <a href="https://crypto.news/switzerlands-banque-syz-unveils-crypto-fund-with-cmcc-global/" rel="noopener noreferrer nofollow"> Switzerland’s Banque SYZ unveils crypto fund with CMCC Global </a>

Crypto exchange SDK adds regional Swiss bank, Hypothekarbank Lenzburg

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