Last week, InCore Bank announced it was authorized by the Swiss regulator FINMA to offer digital asset-based transaction services. InCore provides outsourcing services to private banks and will now enable them to trade, hold and transfer digital assets.
Private bank Maerki Baumann, the first client for InCore’s new solution, will offer digital asset trading and custody solutions to end customers, including for tokens. It also has a FINMA license and aims to launch the service this month.
In January, InCore Bank partnered with Zug-based inacta AG to develop technology and an ecosystem for financial organizations exploring crypto asset trading.
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