Standard Chartered signs Memorandum of Understanding to join SIX Digital Exchange
6 days agoThe leading international cross-border bank plans to enable digital assets access to Switzerland
25 March 2025, London – Standard Chartered has signed a Memorandum of Understanding (MOU) to deepen its collaboration with SIX Digital Exchange (SDX) in the digital securities and crypto asset space. As part of this strategic move, the bank plans to join SDX’s Central Securities Depository (CSD) platform for digital asset custody, providing its global clients with seamless access to Switzerland’s emerging digital securities ecosystem.
With this collaboration, Standard Chartered is reinforcing its commitment to innovation and the expansion of digital asset services.
David Newns, Head SDX, highlighted the significance of this step, stating: “We are delighted to welcome Standard Chartered to SDX. Their decision to join our platform marks a major milestone in expanding the Swiss digital securities ecosystem with an international bank. This step strengthens Switzerland’s position as a global hub for digital assets and enhances connectivity between Europe, Asia, and the Middle East.”
Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered said: “We see SDX as a pioneer and leading institution for digital securities in Switzerland, and this next step in our journey supports our ambition to grow our digital asset custody offering and will unlock even greater opportunities for our clients.”
— ENDS —
For further information, please contact:
Press Office
SIX
Pfingstweidstrasse 110
8005 Zürich
Switzerland
+41 58 399 2227
Press Office
Kate Matthews
Communications Director, Europe
Standard Chartered
+44 20 7885 7899
kate.matthews@sc.com
About SDX
SDX Group AG (SDX) and its subsidiaries operate financial market infrastructures (FMIs) for the issuance, trading, settlement, and custody of digital assets, licensed by FINMA, Switzerland’s financial market regulator. SDX operates a stock exchange through SDX Trading AG and SIX Digital Exchange AG, Switzerland’s first and only Central Securities Depository (CSD) on DLT. SDX Web3 AG is also part of the Group and offers institutional-grade crypto asset custody and staking solutions. As part of SIX Group, SDX is subject to the Group’s high quality and security standards covered under Swiss law. SDX is headquartered in Zurich, Switzerland.
https://www.sdx.com/
About Standard Chartered
We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.
For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.