Transforming Digital Asset Custody
In a bold move, VP Bank, one of Liechtenstein’s heavyweight banks, has joined forces with Metaco, the tech whiz behind digital asset infrastructure. Their partnership aims to revamp digital asset custody and tokenization operations, all while throwing in a dash of innovation. With Metaco’s Harmonize platform in their toolbox, VP Bank is primed to elevate their services significantly.
New Opportunities for Wealth Management
Marcel Fleisch, the brainy Chief Product Officer at VP Bank, indicated that the bank is not just fetching the digital revolution; they are riding the wave while rethinking traditional wealth management. By mingling conventional banking practices with cutting-edge digital ecosystems, they’re paving the way for exciting opportunities for their clients.
A Collaborative Approach
“We are thrilled to partner with @metaco_sa,” Fleisch emphasized. Not only is this collaboration about integrating tech but about enhancing services related to art and other tangible assets. The goal? To bring clients exciting new opportunities that make wealth management as engaging as selecting the perfect fine wine—complex yet rewarding.
Expanding Horizons with Metaco
Seamus Donoghue, Metaco’s Chief Growth Officer, chimed in with his take on the partnership. He believes the Harmonize platform will empower banks to adapt to the growing demand for new asset classes. It’s like giving a kid a box of LEGO—but now they can build anything they dream up. Donoghue expressed his pride: “We are delighted to support VP Bank in scaling its digital asset services and opening up new business avenues.”
Metaco’s European Momentum
Metaco is making waves across Europe, collaborating with big names in the financial sector. Just recently, they shook hands with DekaBank in Germany to launch a blockchain-based platform set to debut in 2024. The firm is busy laying down roots everywhere, including Southeast Asia, where they helped the UnionBank of the Philippines launch custodial services for Bitcoin and Ether. Who knew that banks could make such international moves?
