ubs

UBS Group AG partner Clearmatics continues raising its funds while UBS is working with blockchain.

UBS Ex-bankers Secure $104M to Establish a Regulated Crypto Bank
September 27th, 2018

Several former UBS bankers’ startup has raised around $104 million that will be allocated for creation of a regulated crypto bank.

Union Bank of Switzerland Says Bitcoin Should Hit $213,000 to Replace U.S. Dollar
August 3rd, 2018

According to Union Bank of Switzerland (UBS), Bitcoin’s extreme volatility and instability put too much limitations on it to be considered as a mainstream asset class.

Crypto Wallet Blockchain.com Announces the Launch Of Institutional Platform
June 29th, 2018

This institutional platform will provide its customers an easy exposure to the cryptocurrency market with their products and services while ensuring security.

UBS Group CEO Believes Blockchain is ‘Almost a Must’ For Financial Services
June 19th, 2018

The cost reduction is a critical issue for the successful future of the financial services industry. Sergio Ermotti, UBS Group CEO, believes that blockchain has the potential to change the situation, but expects it to take up to ten years.

Bankera’s Co-Founders have Announced they have Fully Acquired the Pacific Private Bank Limited
January 31st, 2018

One of the biggest ICO sales to date, Bankera has announced that the goal of becoming a bank for the blockchain era and a one-stop store for all financial services will be delivered ahead of schedule.

IBM Partners with 5 Banks on Blockchain-based Trade Finance Platform Called ‘Batavia’
October 5th, 2017

Four banking giants have joined IBM-led and UBS-backed initiative to create a new global trade finance platform Batavia.

HSBC, Barclays and Others Join Blockchain-Based Project to Create a New Digital Currency
August 31st, 2017

Six of the world’s biggest banks teamed up to create a new digital currency ‘utility settlement coin’ for clearing and settling financial transactions.

Microsoft, Intel, JPMorgan, UBS, Credit Suisse And Others are Forming Enterprise Ethereum Alliance
February 28th, 2017

J.P. Morgan, Chase, Intel, Microsoft, Banco Santander and other firms have established an alliance to develop solutions for financial companies using Ethereum blockchain.

R3 CEV and 8 Banks Trial Intel’s Distributed Ledger Technology ‘Sawtooth Lake’ for Bond Trading
September 27th, 2016

A group of eight banks, including UniCredit, HSBC, and UBS, have finally tested a distributed ledger prototype for bonds exchange using Intel’s blockchain platform.