Former R3 executive joins SDX as head of business

The SIX Digital Exchange (SDX), the digital asset arm of SIX Exchange, has appointed Tim Grant as its new head of business.

Tim possesses over 20 years of technology and management expertise across institutional capital markets and enterprise blockchain businesses from his time serving senior positions in financial services. This includes CEO of the R3 Lab and Research Centre, Managing Director at UBS O’Connor and UBS Investment Bank and, more recently, as Founder and CEO of DrumG Technologies.

The appointment comes as SDX continues to develop its issuance, trading, settlement and custody infrastructure for digital assets.

Thomas Zeeb, Head Securities & Exchanges at SIX, and Chairman of SDX, said: “Tim has a comprehensive background in both the new and old worlds of capital markets innovation. This background is an essential prerequisite to successfully lead the development of SDX. We are pleased to have him on board and look forward to working with him to execute our vision.”

 Speaking on his appointment, Tim Grant said: “I am very excited to join the leadership team at SDX as they aim to launch the world’s first end-to-end digital exchange. The team has already made huge progress and I’m looking forward to contributing my experience and working with our institutional clients around the world to continue the growth and expansion of the next generation of financial market infrastructure.”