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
XRP rises above $1.9, reaching its highest level since April 2021
Tether: USDT on TON chain is now online on Satoshi Tango
BNB breaks above $660
ILV breaks through $60
Trending news
MoreCrypto prices
More
