PANews, March 18 news, according to CoinDesk, BX Digital, a subsidiary of Boerse Stuttgart, has been approved by the Swiss Financial Market Supervisory Authority (FINMA), becoming the first digital asset trading and settlement platform to be approved for operation in Switzerland. The platform is based on the Ethereum blockchain, supports direct asset transfer without intermediaries, allows market participants to trade tokenized stocks, bonds and funds, and is integrated with the Swiss National Bank's payment network to ensure Swiss franc delivery versus payment (DvP) settlement mechanism. BX Digital is a subsidiary of the sixth largest exchange group in Europe, Boerse Stuttgart, and plans to launch a more comprehensive digital issuance and settlement platform in the future.
