The recent news that the Six Swiss Exchange is launching a new fully-regulated crypto exchange created a stir among retail and institutional investors alike.

It is not the first to move into the area — CME Group and CBOE have reported a steady increase in the trading volume of Bitcoin futures since their introduction in 2017 while online platform Coinbase has also sought approval from the SEC to list fully-regulated security tokens. But the entry of a name like Six is likely to encourage a broader appetite for crypto and to result in more investors creating wallets, supporting efforts to make the asset class more mainstream.