Cryptocurrency exchange SIX Digital Exchange (SDX), a division of SIX Group, plans to collaborate with DLT Finance to transform cryptocurrency trading.
SIX Digital Exchange has announced plans to strategically partner with DLT Finance, a trading and brokerage firm licensed by BaFin in Germany.
The companies' collaboration aims to expand the range of cryptocurrency and brokerage services in which the firms specialize.
Аccording to CoinGape, SDX said it will position itself as a custodian as well as a staking services provider. DLT Finance plans to become an embedded counterparty for brokerage and trading operations.
This partnership promotes end-to-end crypto trading and is a major step in revolutionizing crypto trading and custody services for institutional clients.
The companies aim to support the dynamic needs of institutional investors who prefer fully regulated markets.
The combination of DLT Finance's trading and brokerage capabilities with SDX's crypto services will provide clients with a comprehensive solution. The companies intend to provide institutional clients with access to licensed trading, brokerage, and cryptocurrency services.
Stephan Kunz, Head of SDX Web3 Services, said: "SDX is committed to leading innovation and providing institutional clients with state-of-the-art business solutions. The partnership with DLT Finance strengthens SDX Web3's position as a premium crypto service provider in Switzerland".
Marius Sewing, co-founder of DLT Finance, believes that the collaboration between the two companies was born out of similar principles of security, reliability, and technology adoption. Both companies aim to operate in a secure and regulated European ecosystem, bringing together cryptocurrencies and digital securities.
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