SDX Web3 Services – a new service portfolio from SIX Digital Exchange (SDX) – is providing a range of offerings specifically conceived for institutional clients.
SDX Web3 Services will support the safe and secure adoption by financial institutions of the next iteration of the World Wide Web, one that is based on blockchain technology and decentralised applications. Initially, SDX Web3 Services will include cornerstone products for digital assets including custody and non-custodial staking.
SDX Web3 Services are targeted at the institutional client segment and will initially focus on the most prominent applications of Web3: cryptocurrencies, NFTs and other asset tokens. SDX considers the provision of industrial-strength, institutional-grade foundational infrastructure delivered by an efficient, secure and stable provider such as SIX as an essential step towards establishing the levels of trust needed for the further adoption of this evolving technology.
The launch of SDX Web3 Services represents a milestone in the evolution of institutional markets as they adopt Web3 technologies. The initial offering will include two key enablers of this market transition: custody and non-custodial staking.
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