Wed, 06 Maregulation

SIX Group wins Swiss approval to offer crypto custody alongside traditional securities

Burns Brief

SIX Group received FINMA approval to provide crypto custody through the same regulated infrastructure used for traditional securities settlement and post-trade services Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.

SIX Group received FINMA approval to provide crypto custody through the same regulated infrastructure used for traditional securities settlement and post-trade services.

Key Takeaways