Deutsche Bourse to take on SIX with new digital asset exchange [Finextra]

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Deutsche Bourse is teaming up with Swisscom and Singapore’s Sygnum to create a regulatory compliant market for trading in digital assets, competing directly with a forthcoming equivalent venture from the Swiss Stock Exchange.

The core elements of the new platform will include issuance, custody, access to liquidity, and banking services – all leveraging distributed ledger technology (DLT). The first products and services for the build-out – which will include a listing and trading venue for digital assets in the Swiss market – are expected to be launched in the course of 2019 […]