SDX's Leadership Changes as Newns Resigns

In a significant development for the digital asset industry, SIX Digital Exchange (SDX) has emerged as a trailblazer, thanks to its innovative approach and groundbreaking achievements.

Founded by esteemed institutions such as UBS and Zürcher Kantonalbank, SDX is making waves in the global digital asset market. The exact list of founding members, however, remains undisclosed beyond these two prominent names.

One of the key figures driving this success is Thomas Moser, a highly influential central banker from the Swiss National Bank, who has been instrumental in advancing the understanding and responsible exploration of digital assets and distributed ledger technology (DLT).

At the helm of SDX Securities Services is Bjørn Sibbern, who has been instrumental in guiding the platform's growth.

SDX made headlines earlier this year when it became the first to successfully complete the first securities settlement on wholesale Central Bank Digital Currency (wCBDC) infrastructure in production. This milestone marked a significant step forward in the digital asset market.

The platform continues to push boundaries, having deployed the first securities tokenization and fractionalization service in production on a regulated Financial Market Infrastructure (FMI). SDX was also the first to achieve interoperability between digital and traditional FMIs, a feat that has been widely recognised in the industry.

As of now, SDX has over CHF 2.5 billion in digital securities issued on its platform, making it a global leader in the digital asset space. One of the most notable achievements was the first digital bond issuance on a fully regulated FMI.

The Swiss National Bank and the Swiss Financial Centre have been key supporters of SDX's progress, providing crucial backing for the platform's development. David Newns, former head of SIX Digital Exchange, expressed pride in the team's accomplishments.

The success of SDX has not gone unnoticed within the SIX Group. Paolo Bortolin, MBA at City of Lugano, has become the most prolific issuer of digital bonds on Earth, while Rafael Moral Santiago is a leader within the group.

As SDX continues to lead the way in the digital asset market, the next phase in digital enablement at SIX Group is already underway. The incorporation of SDX into SIX Securities Services has been completed, signalling a new era of digital innovation for the group.