11.30.2023

SDX Develops Digital Asset Staking for Institutions

11.30.2023
SDX Develops Digital Asset Staking for Institutions

SDX Web3, a leading crypto service and infrastructure provider within SIX Group, onboards PI Digital AG, a licensed best execution service provider in the digital asset space, to develop a joint staking offering to institutional clients.

As an infrastructure provider focused on institutional market players, SDX Web3 sets high standards for its services, with an emphasis on security and compliance. PI Digital’s decision to partner with SDX Web3 reflects its commitment to ensuring the utmost security and efficiency for its clients’ staking operations.

PI Digital will integrate the staking service as an additional feature to its existing offerings. This enhancement will allow the company to advise its clients on optimizing the use of crypto derivatives for risk and performance balancing. PI Digital specializes in custom payoff structures, primarily utilizing bitcoin (BTC) and ether (ETH) as underlying assets.

Antonio Pellizzato, CEO of PI Digital, says: “Replicating the traditional finance derivatives service on digital assets implies a thorough setup of institutional-grade infrastructure. So far, SDX Web3 has proven to set the highest standards when it comes to staking. Together, we are able to create a bespoke offering for private and institutional clients that value high-end and personalized service, as well as the world’s highest compliance and security standards.”

“We are pleased to welcome PI Digital to our growing network of clients,” adds Stephan Kunz, Head of SDX Web3. “Our mission is to offer institutional clients the most efficient, secure, and compliant solutions for their digital asset needs. Collaborating with a fellow Swiss provider marks a significant milestone in enhancing our digital asset staking services for institutional clients.”

Source: SDX

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