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“I think what’s interesting is that this project is not just about tokenizing shares and booking them in the system,” Brahimi said. “It’s also making a private placement, i.e. capital increase, based on tokenized securities, with the objective to provide secondary market trading for those. And both the bank and
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SEBA Bank AG, a fully regulated Swiss-based institution with a focus on the offering of digital cryptocurrency assets, has today announced the approval of a CISA license from the Swiss Financial Market Authority, or FINMA, to facilitate an institutional-grade custodian service for nation-native collective investment schemes.This announcement enables the bank
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Switzerland’s stock exchange SIX has won regulatory approval to launch its long-awaited bourse for digital assets. This authorization enables the exchange “to go live with a fully regulated, integrated trading, settlement, and custody infrastructure based on distributed ledger technology for digital securities.” SIX Digital Exchange Greenlighted to Launch SIX Digital Exchange (SDX)
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The Swiss Financial Market Supervisory Authority, or FINMA, announced their approval for regulated Swiss exchange SIX to launch a digital asset marketplace and central securities depository built on distributed ledger technology on Friday.Initially intent on launching in the latter half of 2019, the Six exchange was slowed from progressing its
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After four years of debate, a five-star hotel in a luxurious area of the Swiss Alps is prepared to accept Bitcoin (BTC) and Ether (ETH) as payment from guests.According to an Aug. 26 report from Swiss news outlet Blick, guests at the Chedi Andermatt hotel are now allowed to settle bills
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Tezos blockchain is being tapped by three major Swiss crypto-based firms to offer tokenized assets to institutional clients. Issuing Tokenized Assets on Tezos Tezos (XTZ), a proof-of-stake (PoS) consensus algorithm smart contract platform is being used to offer tokenized assets to institutional clients by three crypto-focused companies in Switzerland. Specifically, Crypto Finance, InCore
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Another day, another Chainlink (LINK) node operator enters the foray. Swisscom to Become Chainlink Node Operator Swiss telecommunications giant Swisscom today announced it will join Chainlink’s decentralized oracle network in the capacity of a node operator. In the announcement made today, Swisscom made its intentions clear of entering the rapidly expanding decentralized finance
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Zeno Staub, CEO of pro-crypto Swiss banking giant Vontobel, has revealed that the firm’s wealthy clients are showing an appetite for cryptocurrency exposure. Major banks in the United States, Europe, and Asia are beginning to offer structured Bitcoin (BTC) and virtual currency-related investment products to their wealth management clientele. Wealthy Clients
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Swiss-based bank and financial services provider UBS Group AG looks to be the next to enter the fold. Reports released to start the week state that the banking behemoth is considering several different alternatives to offer digital currency investments. UBS Joins The Club The news comes not long after major US-based firms,
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21Shares, a Switzerland-based provider of cryptocurrency exchange-traded products, or ETPs, has recorded a 100% growth in assets under management over the past two weeks.The company announced Monday that 21Shares has passed the $1 billion mark in AUM across its diversified 12 crypto asset ETPs. 21Shares CEO Hany Rashwan said that
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