Bär & Karrer with SIX on mergers involving SDX Web3, SDX Group, SIX Digital Exchange and SIX SIS
Bär & Karrer advised SIX in three consecutive mergers involving SDX Web3 AG, SDX Group AG, SIX Digital Exchange and SIX SIS.
The context
Following approval by the Swiss Financial Market Supervisory Authority, SIX has completed three consecutive mergers involving SDX Web3, SDX Group, SIX Digital Exchange and SIX SIS. The final merger between SIX Digital Exchange AG and SIX SIS AG was completed on 30 April 2026.
Through this consolidation, SIX brings together its digital central securities depository (CSD) and traditional asset services within a single regulated CSD, also licensed to offer crypto custody solutions.
The Bär & Karrer team
The Bär & Karrer team included Peter Hsu (pictured), Tiffany Ender, Philipp Theiler, Luiza Gjura (all regulatory/M&A), Urs Kägi, Shu Zhang (both corporate/M&A), Julia Eiholzer (corporate/notary), Susanne Schreiber, Anke Stumm, Lesia Tüchthuisen (all tax), as well as Laura Widmer and Sandra Schaffner (both employment). With respect to legal and regulatory matters, it closely collaborated with BjörnGunnar Flückiger (Lawbear) who also acted as an advisor to SIX.