The Swiss stock exchangeSIXis exploring the possibility of establishing a cryptocurrency trading platform in Europe, aiming to compete with established digital asset firms likeBinance,OKXandCoinbase.

What Happened:The move reflects growing institutional interest in digital assets, particularly as traditional investors seek a reputable and regulated environment to trade cryptocurrencies.

Bjørn Sibbern, the global head of exchanges at SIX Group, highlighted the increasing acceptance of crypto as a legitimate asset class.

"Crypto has become more and more a recognized asset class," Sibbern told the Financial Times.

He explained that SIX is considering building a platform...