SIX Digital Exchange Inks Partnership with Daura

On Wednesday, SIX Digital Exchange (SDX), the world’s first fully regulated FMI digital asset  exchange  , announced a partnership with daura, a Swiss equity tokenization platform.

According to the press release, daura companies will be able to issue digital equity securities in SDX’s regulated Central Securities Depository (CSD).

SDX will provide daura’s SMEs with access to secondary liquidity through SDX’s centralized depository, allowing them to issue bankable private securities and manage their share registry and cap table through a consolidated workflow. As a result of SDX’s coordination of processes, companies will be able to increase investor visibility and reduce time-to-market.

‘Adding Another Building Block’ to the Swiss Crypto Ecosystem

“This partnership with daura, represents a milestone shift in the way our industry functions. This approach builds on the relationship strengths of an organization like daura – where the digital securities are issued – and the separate, trusted and regulated strengths of SDX as a digital market infrastructure. This is another major step in establishing and developing the future ecosystem for the issuance, custody, and transfer of securities in private markets. We plan many more such partnerships as we build out our ecosystem,” David Hatton, Head of Product at SIX Digital Exchange, commented.

Peter Schnürer, CEO of daura, pointed the following in a statement: “With this partnership between SDX and daura, we are adding another building block to the Swiss Digital Asset ecosystem: with SDX’s central custodian service and daura’s digital share register, a seamless End-to-End integration of SME and  start-up  shares into the banking system will be possible.” According to David Newns, Head of SDX, “The expansion of our equity ecosystem aims at establishing a robust infrastructure that supports companies on their funding journey from an early stage to IPO. By combining DLT capabilities within a regulated exchange and CSD environment, SDX will provide a safe and trustworthy venue for these assets enabling institutional investors to securely invest in them.”

On Wednesday, SIX Digital Exchange (SDX), the world’s first fully regulated FMI digital asset  exchange  , announced a partnership with daura, a Swiss equity tokenization platform.

According to the press release, daura companies will be able to issue digital equity securities in SDX’s regulated Central Securities Depository (CSD).

SDX will provide daura’s SMEs with access to secondary liquidity through SDX’s centralized depository, allowing them to issue bankable private securities and manage their share registry and cap table through a consolidated workflow. As a result of SDX’s coordination of processes, companies will be able to increase investor visibility and reduce time-to-market.

‘Adding Another Building Block’ to the Swiss Crypto Ecosystem

“This partnership with daura, represents a milestone shift in the way our industry functions. This approach builds on the relationship strengths of an organization like daura – where the digital securities are issued – and the separate, trusted and regulated strengths of SDX as a digital market infrastructure. This is another major step in establishing and developing the future ecosystem for the issuance, custody, and transfer of securities in private markets. We plan many more such partnerships as we build out our ecosystem,” David Hatton, Head of Product at SIX Digital Exchange, commented.

Peter Schnürer, CEO of daura, pointed the following in a statement: “With this partnership between SDX and daura, we are adding another building block to the Swiss Digital Asset ecosystem: with SDX’s central custodian service and daura’s digital share register, a seamless End-to-End integration of SME and  start-up  shares into the banking system will be possible.” According to David Newns, Head of SDX, “The expansion of our equity ecosystem aims at establishing a robust infrastructure that supports companies on their funding journey from an early stage to IPO. By combining DLT capabilities within a regulated exchange and CSD environment, SDX will provide a safe and trustworthy venue for these assets enabling institutional investors to securely invest in them.”

Source: https://www.financemagnates.com/cryptocurrency/exchange/six-digital-exchange-inks-partnership-with-daura/