33% Coupon on Helveteq’s First Multi Barrier Reverse Convertible on Crypto

2023-08-04

Switzerland has established itself as a global leader in the custody of digital assets, a position the country has gained thanks to a conducive regulatory framework that’s encouraging innovation and diversity, a new report by industry trade group Home of Blockchain.swiss says.
The Swiss Digital Asset Custody Report 2023, released in June, provides an overview of the digital asset custody landscape in Switzerland, focusing on the services offered by various providers, their licensing status, and the types of storage they use.
In particular, the report highlights the innovation and diversity of the Swiss digital asset custody ecosystem, which includes various business models and providers ranging from technology companies to universal banks.
According to the report, Switzerland is currently

2023-06-27

The price of bitcoin crossed the US$30,000 mark last week, driven by investors’ excitement about the prospects of high-profile investment firms jumping deeper into digital assets by launching spot crypto exchange-traded funds (ETFs).
Bitcoin, the world’s largest cryptocurrency by market capitalization, rose 15% following news that big name issuers were looking to launch spot bitcoin ETFs. Bitcoin surpassed the US$31,000/BTC mark on June 23, 2023, its highest level over the past 18 months. The crypto has surged by more than 80% since the beginning of the year.
image via Unsplash
The frenzy was fueled by the news that BlackRock, the world’s largest asset manager with roughly US$9 trillion, filed on June 15 for a spot bitcoin ETF. The iShared Bitcoin Trust would track the cryptocurrency’s

2023-06-07

After a buoyant year 2022, sponsorship deals with blockchain and cryptocurrency companies for the Formula One (F1) race are shrinking this year on the back of high-profile collapses and turbulent markets.
A Bloomberg analysis found that while all teams had at least one crypto-native sponsors in 2022, that proportion declined to 70% this year, as of June. The trend suggests that F1 may be re-evaluating its ties with the crypto industry amid the FTX scandal and a prolonged “crypto winter”.
Mercedes-AMG signed in 2021 a sponsorship agreement with now bankrupt FTX but the deal was suspended last year when the exchange shut down. Mercedes team principal Torger Christian Wolff said in a statement that the collapse of FTX has left Mercedes in “utter disbelief” and that the sector needs to be

2023-05-10

Frankfurt School of Finance Center and its Blockchain center designed a new four semester long post-experience master program (MSc) last year. The Frankfurt School’s goal is to provide the expert knowledge necessary to students looking to shape and lead blockchain innovation around the globe and in all industries.
Technical and economical understanding on the topics of blockchain, digital assets (including Bitcoin and Ethereum), DeFi, Web3, tokenization, smart contracts, NFTs, financial technology, metaverse, digital euro, CBDCs, legal frameworks and entrepreneurship are part of the curriculum that is taught in seven block weeks and further deepened during the students’ master thesis. Application deadline is autumn 2023, and lectures will commence in October 2023.
During the study program,

2023-04-19

The Swiss crypto exchange SMART VALOR and the financial intermediary SweePay has partnered to ensure that the purchase of cryptocurrencies at Swiss Federal Railways (SBB) ticket machines is simple, smooth and secure.
Since 2016, it has been possible to buy crypto at the 1,500 (expected number of ticket machines as of 2023) ticket machines of the SBB.
At the SBB ticket machines, users will receive their Bitcoin in a secure paper wallet when they buy the crypto. They will need to enter the desired amount (between CHF 20 and CHF 500), input their mobile phone number and confirm the TAN sent to the machine. The machine then prints out the paper wallet with the crypto amount purchased.
Additionally, SMART VALOR and SweePay have also enabled the purchase of crypto at Valora Holding’s sales

2023-04-05

InCore Bank can now offer Ethereum staking capabilities that are fully compliant with Know-Your-Client (KYC) and Anti-Money-Laundering (AML) regulations to their clients.
In this collaboration, InCore Bank provides crypto brokerage, banking operations and custody services, while SDX Web3 provides crypto custody and non-custodial-staking services.
The Zurich-based private bank Maerki Baumann launched its crypto strategy in 2019. Apart from corporate accounts for companies focusing on blockchain technology and crypto applications, it offers services in crypto trading and custody in collaboration with InCore Bank. Maerki Baumann will continue to expand its crypto offering by making the new Ethereum staking services available to its private and corporate tech banking clients.
Mark Dambacher

2023-04-05

PostFinance partners with Sygnum, the world’s first digital asset bank, to offer its customers a range of regulated digital asset banking services via Sygnum’s B2B banking platform.

PostFinance’s partnership with Sygnum Bank enables the launch and ongoing expansion of regulated, bank-grade digital asset products and services for its customers
PostFinance’s customers will be able to buy, store and sell leading cryptocurrencies such as Bitcoin and Ethereum
Sygnum’s B2B offering empowers partner banks with a fast, cost-efficient market entry with innovative, regulated and compliant products

PostFinance has analyzed its customers’ investment needs and uncovered a strong demand for digital investment services. By leveraging Sygnum’s B2B banking platform, PostFinance will seamlessly integrate

2023-04-04

Global financial technology company Broadridge Financial Solutions announced that UBS and a global Asian bank have successfully executed a cross-border intraday repo transaction on its blockchain-enabled platform.
This intraday trade marks the launch of the next phase in the rollout of Broadridge’s Distributed Ledger Repo (DLR) platform.
This platform provides a utility where market participants can agree, execute, and settle repo transactions, providing flexible settlement cycles based on counterparts’ needs.
The DLT Repo platform significantly increases settlement velocity and collateral mobility, thus making intraday possible. The platform also reduces the operating cost and risk of all repo activity, including well as overnight and term repos.
Beatriz Martin
“Intraday repo is a