SC Ventures, the innovation, fintech investment and ventures arm of Standard Chartered, and SBI Holdings, a Japanese financial conglomerate, are partnering to establish a Digital Asset Joint Venture investment company in the United Arab Emirates (UAE). The parties intend to capitalize the vehicle with $100 million. The joint venture will focus on investing in companies […]
In a strategic move to cater to the evolving needs of institutional clients, HSBC has announced plans to introduce a cutting-edge digital assets custody service in 2024. This initiative marks a significant step in HSBC’s digital transformation journey and aims to provide comprehensive support for institutional investors engaged in tokenized securities. HSBC has partnered with […]
London-based financial powerhouse HSBC has made a significant leap into the world of digital assets, unveiling its gold tokenization platform on Wednesday. The move is part of the bank’s broader strategy to embrace blockchain technology and cater to the increasing demand for tokenized assets. HSBC’s gold tokenization platform, built on distributed ledger technology (DLT), allows […]
