Swiss stock exchange to launch its own security token this year

Switzerland’s Stock Exchange (SIX) wants to have its own security token offering in the second half of 2019. This would coincide with the launch of its SIX Digital Exchange (SDX) platform for trading digital assets. SDX is likely to begin by offering trading in selected stocks, followed by other stocks, bonds, and potentially exchange-traded funds. Previously, the exchange has stated that SDX will enable tokenization of existing securities and other non-bankable assets.