Swiss Stock Exchange SIX Exploring a Crypto Trading Platform in Europe

PANews reported on September 18th that the Swiss Stock Exchange SIX is exploring the establishment of a cryptocurrency trading platform in Europe, aiming to enter a market currently dominated by established digital asset companies like Binance, OKX, and Coinbase (COIN.O). The group is considering leveraging its reputation and Switzerland's advanced crypto legal framework to attract large traditional investors increasingly interested in trading digital assets.

"Cryptocurrencies have increasingly become a recognized asset class," said Bjørn Sibbern, Head of Global Exchanges at SIX Group Switzerland. He added that the company is researching the creation of "a platform that allows us to help facilitate trading, whether it's (spot) cryptocurrencies or derivatives."