HSBC Partners with Ripple-Owned Metaco for Institutional Custody Platform for Tokenized Securities
HSBC has partnered with tech firm Metaco, owned by Ripple, to launch an institutional custody platform for tokenized securities. The bank aims to launch the service in 2024, in conjunction with its existing digital asset issuance platform, HSBC Orion, and its gold tokenization solution. The move was driven by increasing demand for custody and fund administration of digital assets from asset managers and owners. Metaco's Harmonize platform will be used to enable secure and unified operations of digital assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Demand for mining equipment has skyrocketed in Russia
FIFA and Mythical Bring “FIFA Rivals” to Polkadot
FIFA, the world’s biggest name in football (or soccer as Americans call it), has partnered with Mythical Games to create an exciting new mobile game called FIFA Rivals
241126: Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall
After a prolonged downtrend relative to bitcoin (BTC), Ethereum's ether (ETH) is showing signs of a resurgence. ETH, the second-largest cryptocurrency on the market, gained over 4% in the past 24 hours, while BTC lost 1.5% during the same time, dipping below $95,000 during the Monday session. The o
Why Qubetics Could Be the Best-Performing Coin in November 2024 And How It Stands Up Against Near Protocol and Avalanche
Trending news
MoreCrypto prices
More
