SDX Digital Securities Platform - Regulated Tokenized Securities Infrastructure

Product Overview

SDX Digital Securities Platform is the world's first fully FINMA-regulated infrastructure for issuance, trading, settlement, and custody of tokenized securities. Launched in Q4 2021 as part of SIX Group, the platform has processed over CHF 750 million in digital bond settlements using wholesale CBDC, serving major institutional clients including UBS, Credit Suisse, and the World Bank.

Core Product Features

Digital Securities Exchange

Regulated Trading: Full FINMA-licensed exchange for trading digital bonds, digital equity, and structured products under Swiss securities law.

Order Book Trading: Institutional-grade order matching and execution for tokenized securities.

Price Discovery: Transparent price formation for digital assets in a regulated environment.

Central Securities Depository (CSD)

DLT-Based Infrastructure: Blockchain-powered depository enabling atomic settlement and reduced settlement risk.

Main Registry: Legal registration of uncertificated securities as intermediated securities on distributed ledger.

Custody Services: Institutional custody of digital securities with full regulatory compliance.

Settlement Infrastructure

Atomic Settlement: Simultaneous delivery versus payment eliminating settlement risk.

wCBDC Settlement: Integration with Swiss National Bank's wholesale CBDC through Helvetia Pilot.

Traditional Integration: Connection to Euroclear and Clearstream via SIX SIS for hybrid custody options.

SDX Web3 Services

Crypto Custody: Institutional-grade custody for digital assets and cryptocurrencies.

Crypto Trading: Regulated trading services for qualified digital assets.

Digital Collateral: Collateral management services for tokenized assets.

Tokenization Services

Bond Tokenization: End-to-end tokenization of debt instruments with full legal recognition.

Equity Tokenization: Digital share issuance through partnership with daura platform.

Corporate Actions: Automated corporate action processing on blockchain infrastructure.

Key Product Differentiators

Full FINMA Regulation: Only fully regulated digital securities infrastructure in Switzerland.

wCBDC Integration: Settlement in Swiss franc central bank digital currency.

Institutional Backing: Part of SIX Group with 4,400+ employees and CHF 1.6B operating income.

Traditional Bridge: Seamless connection to conventional settlement systems.

Ideal Use Cases

• Institutional investors seeking regulated digital securities exposure
• Corporate issuers tokenizing bonds and equity
• Banks requiring compliant digital asset infrastructure
• Asset managers accessing tokenized securities markets
• Custodians integrating digital assets into traditional services