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Swiss Exchange SIX Top Exec Reveals Plans to Launch Tokens on Blockchain-Powered Exchange

Published 05/06/2019, 08:12 AM
Updated 05/06/2019, 08:23 AM
Swiss Exchange SIX Top Exec Reveals Plans to Launch Tokens on Blockchain-Powered Exchange

A top executive at Switzerland's principal stock exchange, SIX Swiss Exchange, has revealed the company will look to issue its own digital tokens as part of its forthcoming blockchain-powered digital exchange. The development was reported by financial news outlet Finews on May 6.

The SIX Swiss Exchange sees roughly 5.2 billion Swiss Francs (CHF) (~$5.1 billion) in daily turnover, and has a market capitalization of over 1.67 trillion CHF ~($1.6 trillion). As previously reported, SIX unveiled its plans to launch a digital asset ecosystem, dubbed Six Digital Exchange (SDX), in July 2018.

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