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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