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“# Hong Kong real estate giant leads $90M raise for crypto bank Sygnum ” Sun Hung Kai, one of the largest property developers in Hong Kong, continues betting on the cryptocurrency industry by investing in Swiss crypto outfit Sygnum. Sygnum officially announced Thursday that it closed a $90 million Series B round led by Sun…
“# Ferrari’s new deal with blockchain firm Velas hints at NFTs ” Italian luxury sports car manufacturer Ferrari is moving into the blockchain industry by inking a partnership with Swiss blockchain startup Velas Network. Ferrari officially announced Monday that it had signed a multi-year agreement with Velas to jointly issue “exclusive digital content” for the…
“# SEBA Bank launches regulated gold token to enable digital ownership of physical gold ” On Dec. 15, SEBA Bank, a licensed Swiss digital assets banking platform, launched a regulated digital token backed by physical gold and exchangeable for delivery. SEBA claimed that due to its regulatory-compliant nature and the low volatility of gold prices,…
“# Central Banks of France and Switzerland announce successful trial of digital Euro, Swiss Franc ” On Wednesday, the Banque de France (BdF), the BIS Innovation Hub (BISIH), and the Swiss National Bank (SNB) announced the success of a pilot run of a wholesale central bank digital currency (wCBDC), titled Project Jura. The project aimed…
“# SBI announces crypto joint venture with Swiss digital exchange SIX ” SBI Digital Asset Holdings, a fully owned subsidiary of Japanese banking giant SBI Holdings, announced a joint crypto venture with Switzerland’s SIX digital exchange (SDX). The joint venture would be set up in Singapore through a crypto issuance company and aims to become…
“# Bitcoin Capital AG launches two crypto ETPs on SIX Swiss Exchange ” Bitcoin Capital AG released two new exchange-traded products on the SIX Swiss Exchange: the FiCAS Active Bitcoin ETP (BTCB) and FiCAS Active Ethereum ETP (ETHB), which are actively managed by FICAS AG. Institutional investors, professional, and private investors in Switzerland, Liechtenstein, and the…
“# Bitcoin briefly flippens Swiss franc after rally to new ATH ” After hitting a new all-time high price approaching $67,000 earlier today, the market capitalization of Bitcoin briefly surpassed the total market cap of the Swiss franc. According to data from Fiatmarketcap, Bitcoin’s market cap was more than $1.263 trillion when the price of…
“#How to travel across Europe in luxury this year” Desperate for a vacation after a year or more of pandemic-induced lockdowns? It’s time to jet off on a Europe-spanning jaunt that combines spectacular timepieces with luxurious pampering. There is, after all, no time to waste. Switzerland Audemars Piguet, maker of the Royal Oak Selfwinding Chronograph…
“# Swiss think tank initiates vote to add Bitcoin in federal constitution ” 2B4CH, a Swiss non-profit think tank assisting the state in exploring cryptocurrencies like Bitcoin (BTC) and blockchain technology, is launching an initiative to potentially make Bitcoin one the country’s reserve assets. On Oct. 8, the association announced plans to start a federal…
“# Arab Bank has chosen Tezos to facilitate institutional custody service ” Arab Bank Switzerland announced Tuesday that it will integrate staking, trading and custody services onto the Tezos blockchain’s native token (XTZ) in a bid to provide a digital asset environment for institutions, corporations and high net-worth individuals. The 50-year old establishment partnered with…