SEBA and HashKey Collaborate to Speed Up Institutional Crypto Adoption jpg

SEBA and HashKey Collaborate to Speed Up Institutional Crypto Adoption

Altcoin news, News

HashKey Digital Asset Group and SEBA Bank AG have today announced a new strategic partnership to accelerate the institutional adoption of digital assets in Hong Kong and in Switzerland.

Both of the financial services divisions will be able to use their digital asset service capabilities as well as their custody and asset management solutions with the assistance of the strategic relationship.

HashKey will become SEBA Bank’s preferred digital asset trading and market development partner in Hong Kong after the formalization of a memorandum of understanding (MOU), and SEBA Bank will become HashKey’s banking partner of choice in Switzerland.

The purpose of these two companies is to provide institutional and professional investors with dependable, distinctive solutions and entry points into the digital asset ecosystem by bringing market-ready, differentiated products and services to the market.

Both HashKey and SEBA are committed to operating within the legal and regulatory parameters imposed by their respective countries.

The Chief Executive Officer of SEBA Bank, Franz Bergmueller, made the observation that Hong Kong is a leading jurisdiction in terms of granting licenses for crypto goods and services. He is of the opinion that it is essential for the SEBA group to become a component of this ecosystem in the capacity of a trustworthy, safe, and transparent counterparty in the setting of regulated cryptocurrencies.

Compiled by Coinbold

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