Switzerland’s Six Digital Exchange Launches With Blockchain Bond

Posted on by American Coins & Gold

Switzerland’s Six Digital Exchange Launches With Blockchain Bond
Six Digital Exchange (SDX), Switzerland’s long-awaited crypto-asset trading venue, has launched with its first live transaction, issuing a CHF 150 million ($162 million) digital bond using blockchain rails.CoinDesk previously reported that SDX would go live this month, following the receipt of two licenses from Swiss markets regulator FINMA in September. The SDX blockchain bond is the first digital issuance to be done using regulated market infrastructure, according to a press release from parent company SIX.Credit Suisse, UBS Investment Bank and Zürcher Kantonalbank acted as the joint lead managers on the bond issuance.“The first issue of a tokenized bond on the…