SIX has launched its Digital Assets Regulatory & Tax Service, offering financial institutions a centralized data package to monitor regulatory and tax obligations tied to digital assets. The rollout follows rising institutional interest in managing digital asset exposure amid ongoing changes to compliance frameworks.
The service allows firms to assess more than 80,000 crypto-related instruments, including tokens and blockchain-based assets, determining whether they fall under relevant regulations. Updated daily, the data feed provides tracking and classification of digital assets as they relate to key rules such as MiCA, MiFID, the OECD’s Crypto Asset Reporting Framework, and the IRS Form 1099–DA.
“This tool couldn’t arrive at a more opportune time for financial institutions in Europe”According to Roy Kirby, Head of Core Products at SIX, “This tool couldn’t arrive at a more opportune time for financial institutions in Europe and farther afield. It will provide firms with an extremely detailed and reliable snapshot of their digital assets obligations across an incredibly vast array of crypto-based instruments. Critically, it will do so at a time when the regulatory landscape for digital assets is shifting at an unprecedented rate. More and more institutions across the globe are rallying to adopt digital assets in a safe and secure fashion, and comprehensive data tools like this will be essential in enabling them to do so.”
The platform covers traditional securities linked to crypto, aligning with global frameworks such as Hong Kong’s regulatory regime for virtual assets. It draws from sources including the ESMA Register, CCData, and the Digital Token Identifiers Foundation to ensure data accuracy. Clients access the service through SIX Flex®, allowing tailored integration with internal systems across regulatory, reference, and ESG data.
The factsheet provided by SIX outlines additional capabilities such as instrument classification by regulatory impact, customizable filters, and a standardized identifier system for consistent reporting. The offering targets global institutions seeking stability and clarity in digital asset management as demand and oversight continue to accelerate.
SIX Works With 18 Crypto ETP Issuers, 398 ETPs ListedSIX Exchange Group recently welcomed nxtAssets GmbH as the latest issuer of Exchange-Traded Products (ETPs) with cryptocurrency underlying. nxtAssets GmbH lists two new products, one on Bitcoin and one on Ethereum. With this launch, nxtAssets GmbH becomes the 18th issuer of crypto ETPs on SIX, bringing the total number of listed crypto products to 398.
Both new and fully backed ETPs offer institutional and private investors stable, regulated access to Bitcoin and Ethereum, representing nxtAssets GmbH’s latest expansion in the digital asset space. The crypto backing guarantees precise price tracking and enables investors to transfer their holdings to personal wallets at any time.
This launch addresses the increasing demand for crypto exposure, catering to investors looking for direct investment in popular cryptocurrencies. Additionally, Bank Vontobel takes up market making for the first time in this segment, further enhancing liquidity and trading efficiency for these ETPs.
Since the beginning of the year, the 184 ETPs on cryptocurrencies listed at SIX Swiss Exchange have recorded a trading turnover of CHF 1.15 bn and 58’012 trades. Compared to the first quarter of the previous year this marks an increase of 28.5%. Among the total 184 ETPs with cryptocurrency underlyings, in terms of trading volume share, Bitcoin this year dominates demand with 44.3% and Ethereum accounts for 8.16%.
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