SIX Digital Change Types Strategic Partnership with Fireblocks

SIX Digital Transformation Forms a Strategic Partnership with Firewalls to Assist Institutional Investors
In order to help regulated intermediaries and institutional investors, SIX Digital Change (SDX) has stated that its Web3 Unit, SDX Web3 Companies, has formed a strategic relationship with Fireblocks, one of the fastest-growing platforms for digital assets and cryptocurrency technologies. The product is anticipated to launch in H2 2022 and deliver institutional-grade infrastructure services to clients.

SIX Digital Change said in an official news release that the product is meant for institutional customers, including banks, businesses, and financial institutions in Switzerland and throughout Europe.

“At SDX, we think there are definite benefits that digital assets and the blockchain technology that powers them have to offer over traditional infrastructure. With the introduction of the SDX Web3 Companies last month and the debut of the SDX Exchange and CSD in October of last year, SDX is promoting institutional adoption. As institutional players adopt Web3, SDX Web3 Companies is dedicated to providing them with a suite of solutions that will stand the test of time. Head of SDX David Newns stated, “We’re thrilled to start this journey with Fireblocks to develop an institutional-grade secure digital asset custody service for our clients.

FINMA granted SIX Digital Change regulatory certification last year. Since then, the exchange has formed a number of significant alliances, the most recent of which is with Daura.

Participation of Institutions
International institutional adoption of digital assets was untouched by the recent decline in the cryptocurrency market. Co-founder and CEO of Fireblocks Michael Shaulov thinks institutional adoption of blockchain and cryptocurrency will pick up speed thanks to technology-driven digital asset offerings.

“We are thrilled to collaborate with the teams at SIX Digital Change and SDX Web3 Companies to offer the most cutting-edge and secure institutional-grade platform to its regulated intermediaries and institutional investors. Our technology facilitates smooth Web3 access for SDX’s customers, furthering our goal of promoting Web3 adoption globally, according to Shaulov.

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