HSBC Partners with Metaco for Real World Asset Digitisation
HSBC is working with the Ripple-owned, Swiss-based crypto infrastructure firm Metaco to introduce a custody service for digital assets
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HSBC is working with the Ripple-owned, Swiss-based crypto infrastructure firm Metaco to introduce a custody service for digital assets
HSBC's foray into the blockchain gold system is part of a broader blockchain initiative. In September this year, the Singapore branch of the bank launched its own blockchain-based payment platform.
The new offering will target institutional investors first, though HSBC hopes that eventually, retail investors will be allowed to participate.
Real estate businesses will be able to automate payments releases, improve operational efficiency, and eventually reduce the turnaraound time of a project.
Will Asia be the next blockchain centre of the world?
Depositors will be able to access their funds through the deal.
In particular, the bank is hiring a Product Director for tokenization use cases and digital assets, job adverts posted on January 30 indicate.
The ShibaDoge team is excited to announce the release of the SHIBDOGE token. According to the team, the token was ...
HSBC Group and IBM have successfully carried out cross-domain and end-to-end digital asset transactions through pilot tests, and can also settle securities and foreign exchange.
Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March.