SDX and RULEMATCH Partner to Revolutionize Crypto Trading and Custody for Financial Institutions

SDX and RULEMATCH Partner to Revolutionize Crypto Trading and Custody for Financial Institutions

(IN BRIEF) SDX and RULEMATCH have partnered to offer a comprehensive solution for financial institutions to trade, settle, and securely manage crypto assets. The partnership integrates SDX’s custody services with RULEMATCH’s trading and settlement platform, allowing institutions to trade without pre-financing and manage collateral more efficiently. This solution addresses key challenges like speed, compliance, and asset control, providing a seamless experience for institutional investors. The integrated platform is set to launch in Q4 2024, bringing enhanced security, transparency, and efficiency to the institutional crypto market.

(PRESS RELEASE) ZÜRICH, 17-Oct-2024 — /EuropaWire/ — SDX and RULEMATCH have announced a strategic partnership aimed at transforming the institutional crypto trading and custody landscape by providing a fully integrated, end-to-end solution for financial institutions. This collaboration, set to launch in Q4 2024, brings together SDX’s secure custody services and RULEMATCH’s advanced trading and settlement platform to offer a seamless experience for banks and other financial entities. By integrating these services, institutions can efficiently trade crypto assets without the need for pre-financing, while securely managing their holdings and clearing collateral through dedicated SDX accounts.

The partnership addresses key challenges that have previously hindered the growth of institutional digital asset markets, such as speed, compliance, and fragmentation. By separating the roles of trading and custody, SDX and RULEMATCH ensure that investors retain full control over their assets, with complete transparency regarding their collateral positions. This separation also allows for faster collateral management, bypassing the delays typically associated with on-chain transactions.

David Newns, Head of SIX Digital Exchange, highlighted the importance of this collaboration in overcoming longstanding barriers in the digital asset space: “By combining our strengths with RULEMATCH, we’re delivering an integrated solution that provides transparency, capital efficiency, and clear separation between trading and custody. Institutional investors will benefit from SDX’s robust custody infrastructure, giving them full control and clarity on their crypto assets at all times.”

David Riegelnig, CEO of RULEMATCH, echoed this sentiment, noting that the partnership aligns with RULEMATCH’s commitment to serving the institutional market: “The separation of trading and custody is critical for financial institutions, and this partnership allows us to offer a competitive and secure solution. With SDX as the custodian, institutions can manage their crypto holdings with confidence while taking advantage of our efficient trading and settlement platform.”

This collaboration is poised to bring a new level of security, efficiency, and regulatory compliance to the institutional crypto market, marking a significant step forward in the maturation of digital assets within the global financial system.

About SIX
SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centers, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries.
www.six-group.com

Media Contact:

Jürg Schneider
Media Relations
Head Media Relations
+41 58 399 2129

SOURCE: SIX

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