Cryptoasset start-up backed by Swiss banking heavyweights

Publication:

swissinfo.ch

The Swiss-Singapore enterprise announced itself suddenly on Thursday after operating in stealth mode for months. It is aiming a broad suite of tokenised assets services for institutional investors. The so-called ‘token economy’ space, which digitises a range of financial assets for faster, more efficient trading, is rapidly gaining momentum around the world.

It is believed that the system can be adapted for any form of asset from company shares to securities, bonds and real estate. Putting such tokens on the blockchain promises either direct transfer between traders or more efficient matching and settlement through third party platforms, such as exchanges.

Read more here: 

https://www.swissinfo.ch/eng/sygnum-launch_blockchain-start-up-backed-by-swiss-banking-heavyweights/44532094
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