Global Stock Exchanges Are Gearing Up For Cryptoassets

SIX Group announced in July that it is building a “fully integrated end-to-end trading, settlement and custody service for digital assets” that will start to be rolled out in mid-2019.

DLT will enable trades, clearing, settlement and custody carried out in one stroke, saving time and cost. The platform will also host a new form of tokenised company share that would allow smaller firms to more easily raise capital by listing.

The Stuttgart stock exchange, Germany’s second largest platform that also owns Bern’s stock exchange, is poised to launch the “Bison” app for cryptocurrency trading through a subsidiary and will follow this up with a “multilateral trading venue for cryptocurrencies and tokens”.

Intercontinental Exchange, which owns a number of platforms including the New York Stock Exchange, is part of a consortium that plans to launch the Bakkt exchange to “unlock the transformative potential of digital assets across global markets and commerce.”