Swiss DLT Trading System Attracts Major Banks and Brokerage Firms
BX Digital, the first FINMA-licensed Distributed Ledger Technology (DLT) trading platform in Switzerland, has onboarded five key participants ahead of its imminent launch. Sygnum Bank, Incore Bank, Hypothekarbank Lenzburg, ISP Group, and EUWAX AG of Börse Stuttgart Group are now completing integration with the regulated trading infrastructure.
The participation of established Swiss financial institutions signals accelerating institutional adoption of digital asset markets. EUWAX AG’s involvement particularly bridges traditional exchange expertise with blockchain-based trading systems. Market observers note this development could catalyze further migration of securities trading onto DLT frameworks in Europe’s most crypto-friendly jurisdiction.