Standard Chartered signs MoU to join SIX Digital Exchange
Latest news
Standard Chartered signs MoU to join SIX Digital Exchange 25 March 2025Switzerland Reporter: Jack McRae
Image: Shutterstock
Standard Chartered has signed a Memorandum of Understanding (MoU) to join SIX Digital Exchange (SDX) in the digital securities and crypto asset space.
The bank will join SDX’s Central Securities Depository (CSD) platform for digital asset custody.
Standard Chartered says that this forms part of their wider commitment to innovation and the expansion of digital asset services.
David Newns, head of SDX, says: "Their decision to join our platform marks a major milestone in expanding the Swiss digital securities ecosystem with an international bank. This step strengthens Switzerland’s position as a global hub for digital assets and enhances connectivity between Europe, Asia, and the Middle East."
Margaret Harwood-Jones, global head of Financing and Securities Services at Standard Chartered, adds: "We see SDX as a pioneer and leading institution for digital securities in Switzerland, and this next step in our journey supports our ambition to grow our digital asset custody offering and will unlock even greater opportunities for our clients."
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 