SIX Group AG’s JV with SBI Digital Asset Holdings Co., Ltd.

Allen & Gledhill advised SIX Group AG on the deal.

SIX Group AG and SBI Digital Asset Holdings Co., Ltd. established a joint venture to carry on businesses related to the issuance, trading, settlement, and custody (wallet solutions) of digital assets (including without limitation security tokens and cryptocurrencies) in the Asia Pacific region.

SIX operates the infrastructure for the Swiss financial centre. The company provides services relating to securities transactions, the processing of financial information, payment transactions and is building a digital infrastructure. 

SBI Digital Asset Holdings (SBI DAH) is a company that oversees and operates digital asset-related businesses, under the umbrella of SBI Holdings.

The Allen & Gledhill team was led by Chiam Tao Koon (Picture) and Alexander Yap. 

Involved fees earner: Chiam Tao Koon – Allen & Gledhill LLP; Alexander Yap – Allen & Gledhill LLP;

Law Firms: Allen & Gledhill LLP;

Clients: SIX Group AG;

Sonia Carcano

Author: Sonia Carcano