SIX Digital Exchange (SDX), has appointed Tim Grant as its new head of Business.
Grant possesses over 20 years of deep technology and management expertise across institutional capital markets and enterprise blockchain businesses from his time serving senior positions in financial services including CEO of the R3 Lab and Research Centre, managing director at UBS O'Connor and UBS Investment Bank and, more recently, as founder and CEO of DrumG Technologies.
He has been recruited to drive the organisation's next phase of growth as it looks to build the financial ecosystem of tomorrow. The appointment marks a significant commitment to strategic growth for SIX as SDX continues to develop its fully integrated issuance, trading, settlement, and custody infrastructure for digital assets to serve financial institutions across global capital markets.
Grant's expertise in delivering and operating enterprise-grade distributed ledger solutions for financial services will be key in taking SDX into its next phase. Currently, the SDX team of over 100 professionals is working with banks and trusted partners to bring to market the first products and services that deliver business value to institutional clients. SDX is not only aiming to build the world's first fully-regulated end-to-end DLT based digital asset exchange, but is creating a whole ecosystem that is expected to transform the financial services industry, and Tim will drive this vision.
Thomas Zeeb, head Securities & Exchanges at SIX, and chairman of SDX, said: "Grant has a comprehensive background in both the new and old worlds of capital markets innovation. This background is an essential prerequisite to successfully lead the development of SDX and to fulfil SIX's growth ambition to build the financial ecosystem of the future. We are pleased to have him on board and look forward to working with him to execute our vision."