Swiss Bourse Operator Buys Minority Stake in Blockchain Startup

Cryptovest

Published Oct 18, 2018 04:07AM ET

Updated Oct 18, 2018 05:21AM ET

Swiss Bourse Operator Buys Minority Stake in Blockchain Startup

SIX, the company behind Switzerland’s main stock exchange, has acquired a minority stake in blockchain venture PassOn in a move that reflects a broader plan to develop a digital asset marketplace.

PassOn is a Swiss-based startup that focuses on digital asset transfers as part of inheritances. It is working to build a platform where users can store the tokenized non-bankable assets and conveniently pass these on to the chosen beneficiaries. Cryptocurrencies are still regarded as a new trend, and most holders do not think about what might happen to their crypto funds in the event of death or incapac...


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