Head of SIX's Digital Asset Exchange Quits Over Strategy Disagreement

As reported by on Thursday, SDX CEO Martin Halblaub has announced he will be departing the exchange just eight months after taking on the role.

A disagreement over the future direction of the in-development exchange is said to be behind the move, with Halblaub having wanted to spin off the SDX into an independent company.

The board however felt the upcoming platform should stay in the SIX Group fold.

However, I have decided with a heavy heart – given our differing ideas on strategy, combined with the stretch the role is for my life model – that I cannot engage in a long term commitment as Head of SDX.”

Kindler may ultimately stay on as CEO, but the exchange said it has a launched a search for candidates for the role.

Halblaub has also been a senior advisor to SIX since 2016, and will “continue to be available to support SDX,” according to the memo which was penned by Zeeb.

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