SEBA Bank, Tokensoft to partner for asset tokenisation

Tuesday 12 May 2020 12:51 CET | News

Switzerland-based digital bank SEBA has partnered with US-based technology platform Tokensoft to implement asset tokenisation. 

Tokensoft’s tokenisation platform will become a component of SEBA’s asset tokenisation services. Tokensoft provides the technology for the provision of tokenisation solutions and blockchain software services in Switzerland and Europe. 

The partnership’s focus points are: 
  • Implementing SEBA’s asset tokenisation technology and advisory solutions for institutions and qualified private individuals, allowing clients to design, structure, issue and manage digital assets on SEBA’s platform;
  • Combining Tokensoft’s technology and market infrastructure utilities with SEBA’s financial market knowledge and tokenisation capabilities;
  • Ensuring interoperability between blockchain and traditional financial systems via common tokenisation standards to connect traditional fiat-banking with digital banking processes and technology, according to the official press release. 

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Keywords: SEBA Bank, TokenSoft, asset tokenisation, Switzerland, US, United States, blockchain, digital assets, tokenisation standards, fiat-banking, digital banking
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech