Swiss banks queuing up to jump on blockchain train : vimarsa

Swiss banks queuing up to jump on blockchain train


Swiss banks queuing up to jump on blockchain train
Digital bank Swissquote is expanding its crypto business by delving into the new world of blockchain-compliant digital assets. It appears that they are not alone: several high street banks also plan to launch “tokenization” services.
This content was published on April 13, 2021 - 09:45
April 13, 2021 - 09:45
Matthew Allen
When not covering fintech, cryptocurrencies, blockchain, banks and trade, swissinfo.ch's business correspondent can be found playing cricket on various grounds in Switzerland - including the frozen lake of St Moritz. 
Swissquote is teaming up with digital assets service provider Taurus to allow clients to issue and invest in tokenized assets. Blockchain - or other distributed ledger technology systems - promises to simplify the process of creating a wide range of assets, from company shares to fine wines and traditional securities, and to speed up transactions.  

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