Raiffeisen Schweiz, a prominent Swiss banking group, has announced its membership in SDX, the world’s first fully regulated financial market infrastructure for digital assets. SDX, licensed by the Swiss Financial Market Supervisory Authority (FINMA), operates a stock exchange and central security depository (CSD) using distributed ledger technology (DLT). Raiffeisen Schweiz’s participation positions it as a […]
For the first time, key players in the Swiss financial industry successfully developed and tested a novel settlement mechanism for tokenized investment products on a public blockchain testnet infrastructure. A smart contract, developed by the Capital Markets and Technology Association (the CMTA), allows for streamlined processes, reduces complexity, raises security, and eliminates counterparty risks from […]
