Crypto Custody Firm Taurus Partners Teylor to Tokenize Loans for German SMEs
Aside from Teylor, Taurus has also secured other partnerships to enhance its crypto custodian and tokenization services.
The distributed ledger, called Assembly, is the first one that can be used in institutional finance.
Aside from Teylor, Taurus has also secured other partnerships to enhance its crypto custodian and tokenization services.
The UBS report for Q3 2023 showed that the company’s net loss increased because of expenses necessary due to the Credit Suisse integration.
Additionally, UBS has announced its decision to fully integrate Credit Suisse’s domestic banking unit into its operations.
The NFTs were minted on the Ethereum blockchain and are based on physical works of art by Swiss artist Daniela Filippelli.
Villeroy de Galhau touched on not only the e-euro but also the banking crisis and its consequences for the eurozone.
To cover potential losses of 9 billion francs ($9.9 billion) that result from winding down parts of Credit Suisse’s business, UBS has reached an agreement with the Swiss government.
As part of a government-backed rescue plan earlier this year as well as a bid to prevent any financial market instability, UBS acquired Credit Suisse in a $3.2 billion deal.
According to the UBS post-acquisition plans, it is going to implement a phased integration of the Credit Suisse brand which may last a couple of years.
The acquisition of Credit Suisse by the bigger bank has been viewed using different lenses by industry observers.
The growth in the European indices recorded an encompassing ripple effect that spread to other major Asia-Pacific markets.