Stuttgart Stock Exchange Unit Receives Approval for Blockchain Trading in Switzerland

Reported about 21 hours ago

The Swiss financial regulator, FINMA, has approved the Stuttgart Stock Exchange's subsidiary, BX Digital, to launch a blockchain-based trading system in Switzerland. This innovative platform will allow direct settlement and transfer of tokenized assets like shares and bonds using Ethereum's blockchain, eliminating the need for intermediaries and enhancing efficiency for market participants. BX Digital aims to become a leader in digital asset trading infrastructure, with operations set to commence within six months.

Source: YAHOO

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