PANews reported on March 18 that according to CoinDesk, BX Digital, a subsidiary of Boerse Stuttgart, has been approved by the Swiss Financial Market Supervisory Authority (FINMA) and has become the first digital asset trading and settlement platform approved for operation in Switzerland. The platform is based on the Ethereum blockchain, supports direct asset transfer without intermediaries, allows market participants to trade tokenized stocks, bonds and funds, and integrates with the Swiss National Bank payment network to ensure the delivery-versus-payment (DvP) settlement mechanism for Swiss francs. BX Digital is affiliated with Boerse Stuttgart, the sixth largest exchange group in Europe, and plans to launch a wider range of digital issuance and settlement platforms in the future.