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 <p class="is-style-lead">Hypothekarbank Lenzburg, a <a rel="dofollow" title="regional" href="https://thebittimes.com/tag/regional.html">regional</a> 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.</p> 
 <p>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.</p> 
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    <p lang="en" dir="ltr">We are excited to announce that Hypothekarbank Lenzburg AG joins #SDX as a new member on the Central Securities Depository. Joining SDX's #CSD marks a milestone for Hypothekarbank Lenzburg on its path to becoming a major player in the #Swissmarket for tokenized #digitalassets and… pic.twitter.com/D2zS5w5o5V</p>— SIX Digital Exchange (@SDX_global) September 27, 2023
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 <p>Hypothekarbank Lenzburg can now trade digital securities like bonds and equities after joining SDX’s central securities depository.</p> 
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  <p>“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.”</p> <cite>Marianne Wildi, CEO of Hypothekarbank Lenzburg.</cite>
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 <p>The latest development follows SDX’s successful&nbsp;launch of its non-custodial Ethereum staking service&nbsp;for institutional investors on Aug. 26 last year. </p> 
 <p>Tailored for businesses aiming to scale their Ethereum staking activities, the service allows them to earn yields without the usual complications.</p> 
 <p>SDX unveiled SDX web3 Services in June 2022 to assist institutional investors in securely adopting emerging technologies like crypto and non-fungible tokens (NFTs).</p> 
 <p>Due to its favorable regulatory environment, Switzerland leads the way in crypto and blockchain adoption.&nbsp;</p> 
 <p>In April, PostBank, the Swiss government-owned consumer banking institution,&nbsp;partnered&nbsp;with Sygnum, a digital asset bank, to offer regulated banking services to customers.</p> 
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Switzerland’s Banque SYZ unveils crypto fund with CMCC Global 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/crypto-exchange-sdk-adds-regional-swiss-bank-hypothekarbank-lenzburg-tbt64177.html">https://thebittimes.com/crypto-exchange-sdk-adds-regional-swiss-bank-hypothekarbank-lenzburg-tbt64177.html</a></p>

Crypto exchange SDK adds regional Swiss bank, Hypothekarbank Lenzburg

TheBitTimes

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