SIX Omniex partnership to target Swiss crypto market

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The SIX Omniex partnership will see two leading crypto brands join hands to target their potential customers jointly. SIX Swiss Exchange is a leading name in Switzerland’s exchange arena. Omniex, on the other hand, is San Francisco’s leading trading platform developer that delivers crypto investment solutions to institutions and large investors.

The collaboration was announced by a press release on February 25th. SIX Omniex partnership will see the two giants collaborate on innovative crypto products. SIX will access a digital exchange gateway, allowing it to tap into a new digital asset investor market. SIX bought shares in Omniex for an undisclosed amount and acquired a significant shareholding in the firm. The partnership is expected to benefit both firms mutually by leveraging on each other’s crypto experience. The deal is also going to cover the upcoming SIX Digital Exchange announcement besides the future assets available on the SDX platform.

SIX Omniex partnership to explore crypto opportunities

Thomas Zeeb, the executive board member of SIX, says that the exchange has long been working to identify opportunities in the crypto realm. The exchange’s urge to enter the digital asset scene will be fulfilled using Omniex crypto gateway solutions. The SIX Omniex partnership will help provide a trusted financial gateway to explore exciting, crypto investment opportunities.

Similarly, Hu Liang, the chief executive officer of Omniex, said that the deal would unlock innovative end-to-end solutions that will help in digital asset trading. When the solution goes live, SIX will start taking advantage of the crypto opportunities. He added that Swiss crypto regulations are friendlier and promote the organic growth of cryptocurrency businesses. He praised how the Swiss regulatory authorities lead the charge when it comes to legislation changes and the adoption of regulations.

SDX platform coming in 2020

Six Swiss Exchange announced that its digital asset exchange would go live this year. The platform will provide a comprehensive solution to its users for trading, investing, transacting, settlement, and custody of crypto and digital assets. SDX has generated considerable press and attracted the investor community due to its feature set, and it been governed by the competent Swiss regulators.

It will be interesting to see how SDX launch with leverage on the SIX Omniex partnership.

Featured Image by Pixabay

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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