SIX has singed a partnership agreement with Omniex, a provider of an Institutional Trading Platform for Digital Assets. The partnership will provide a gateway to digital exchanges (including crypto currency exchanges) and OTC market makers worldwide for SIX and its clients.
This will create the basis for new business opportunities along the value chain of existing and future asset classes. The collaboration will allow clients of SIX to get a standardised and secure access to trade crypto currencies. As part of the partnership, SIX will become a shareholder in Omniex. The parties have agreed not to disclose the amount of the investment.
The Omniex platform has been live and in use by clients since 2018, providing global connectivity to exchanges and OTC providers with sophisticated algorithmic solutions for digital assets and crypto currencies.
Hu Liang, CEO and co-founder Omniex said: "The Swiss market leads other major financial markets in the adoption of legislation and regulation supporting digital asset trading and settlement. 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."