The Swiss Stock Exchange SIX launches digital collateral services for cryptocurrencies

ChainCatcher news, according to Cryptonews, the Swiss Exchange Group SIX has announced the launch of its digital collateral service, allowing financial institutions to use crypto assets as collateral alongside traditional securities.

It is reported that the service will support Bitcoin, Ethereum, Avalanche, Cardano, Solana, Ripple, and USDC, with plans to expand the asset selection based on customer demand. Institutions no longer need to use separate platforms to manage crypto collateral, thereby reducing operational complexity and improving risk management. The system also ensures additional protection in the event of default.