Summary
- SIX Swiss Exchange announced the launch of a digital collateral service.
- Financial institutions can now use virtual assets as collateral alongside existing securities.
- Operational complexity is reduced and risk management is improved as no separate platform is needed.
According to Crypto News on the 12th (local time), SIX Swiss Exchange announced the launch of a digital collateral service for virtual assets and traditional assets. Financial institutions can now use virtual assets as collateral alongside existing securities. This reduces operational complexity and improves risk management as there is no need for a separate platform for managing virtual asset collateral. 
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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