SIX Digital Exchange (SDX), an upcoming cryptocurrency trading platform from Switzerland’s top stock exchange SIX, is losing its CEO just after eight months into the role.
Halblaub said that while he supports SDX’s ambition and business model, he has decided with a “heavy heart” to leave, given “differing ideas on strategy.” Halblaub reportedly wanted SDX to be launched as an independent company, while the SIX’s board wanted it to operate under the SIX Group.
Tomas Kindler, currently head of business management functions and deputy to Thomas Zeeb, department head of securities & exchanges at SIX, will be replacing Halblaub as interim CEO on Sept. 1.
SIX is looking for a new head at SDX, though Kindler is also a “strong candidate” for the role, per the memo. The SDX was initially scheduled to launch in mid-2019, but is now expected to go live in the first or second quarter of 2020, per the report.