BX Digital, a subsidiary of the Stuttgart Stock Exchange, has been approved to operate digital asset trading business
according to CoinDesk, BX Digital, a subsidiary of the Stuttgart Stock Exchange in Germany, has been approved by the Swiss Financial Market Supervisory Authority (FINMA) to operate a digital asset trading and settlement platform, becoming the first institution in Switzerland to receive such a license.
Based in Zurich, the company will operate trading facilities using distributed ledger technology (DLT) to streamline the trading process for tokenized financial instruments. BX Digital will use the Ethereum blockchain to facilitate direct asset transfers, without the need for intermediaries such as central securities depositories.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Austrian Bank Raiffeisen Bank Invests Millions of Euros in Crypto Tax Firm Blockpit
Enso is now available on Sonic Network
Yesterday, ARKB had a net outflow of $9 million, and Grayscale ETH had a net outflow of $9.3 million
Trending news
MoreCrypto prices
More








