SIX To Invest in Institutional Crypto Trading Platform
As the crypto market continues to mature and institutions increasingly look to trade crypto assets, news that SIX will become a shareholder in Omniex, a crypto trading platform that went live in 2018.
In addition to the investment, SIX and Omniex are partnering to enable SIX’s clients to access digital exchanges (including crypto currency exchanges) and OTC market makers worldwide.
“Together with SIX we aim to offer an end-to-end solution for the trading and settlement of digital assets, including the SIX Digital Exchange (SDX), once operationally live. It will still take some time, but the cornerstones are in place to accelerate the broader adoption of natively digitalized assets,” said Hu Liang, CEO and Co-Founder Omniex.
“We see a growing need in the market to access crypto currencies. Our new collaboration will provide a standardized and secure gateway via SIX as the trusted partner of the financial industry,” said Thomas Zeeb, Head Securities & Exchanges, member of Executive Board, SIX.