SDX Web3, the crypto asset infrastructure provider of SIX, today announced the launch of custody and staking services for Avalanche (AVAX).
Avalanche is a prominent and fast-growing proof-of-stake network, yet institutional staking support for AVAX has remained limited outside the US, including in jurisdictions such as Switzerland. SDX Web3 is excited to be one of the first institutional custodians in the region to offer integrated AVAX custody and staking enabling clients to earn rewards on their holdings while leveraging SDX’s trusted institutional Web3 custody infrastructure.
This launch also reinforces SDX Web3’s commitment to supporting new crypto coins and capabilities for our clients. In addition to AVAX, SDX Web 3 supports custody for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), Ripple (XRP), USD Coin (USDC), and staking services for Ethereum (ETH), Cardano (ADA) and Solana (SOL) with further expansion planned based on market demand.
This announcement reflects the broader ambition of SIX Group to enable the future of finance through trusted digital infrastructure. As part of SIX, SDX Web3 is dedicated to delivering secure, compliant, and forward-looking crypto asset solutions that meet the evolving needs of institutional clients across Switzerland.
To learn more about our products, please download our brochure: SDX_Web3_brochure.pdf
About SDX
SDX Group AG (SDX) and its subsidiaries operate financial market infrastructures (FMIs) for the issuance, trading, settlement, and custody of digital assets, licensed by FINMA, Switzerland’s financial market regulator. SDX operates a stock exchange through SDX Trading AG and SIX Digital Exchange AG, Switzerland’s first and only Central Securities Depository (CSD) on DLT. SDX Web3 AG is also part of the Group and offers institutional-grade crypto asset custody and staking solutions. As part of SIX Group, SDX is subject to the Group’s high quality and security standards covered under Swiss law. SDX is headquartered in Zurich, Switzerland.
About SIX
SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centers, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries.
www.six-group.com
