Tezos Chosen for Financial Services Products by Leading Digital Asset Bank By CoinQuora
- Arab Bank Switzerland will launch institutional-grade Tezos service.
- Tezos ()Its undeniably scalable Blockchain was selected.
- Also, Tezos’ Proof-of-Stake (PoS) consensus offers a sustainable alternative.
Arab Bank Switzerland announces with joy the launch their institution-grade Tezos storage and trading services. Tezos was selected for its native cryptocurrency due to the innovative and on-chain compliance digital financial products.
Tezos’ open-source Proof-of-Stake (PoS), blockchain is the bank’s hope for all financial service products in the future. Tezos brings impressive features like energy efficiency, security and seamless updates.
Arab Bank Switzerland is an institution-grade private bank that offers digital asset custody and trading services. It also offers tailored services for financial institutions, corporations, and HNWIs who want to deal with digital assets.
Therefore, this launch of trading, staking, and custody services for Tezos go on to heighten Arab Bank Switzerland’s standing in the digital asset financial service providers sector. The brand is a true pioneer in its field.
Rani Jabban (Managing Director, Arab Bank Switzerland) says:
Our digital assets service was launched in 2019 by our pioneering private bank. We will continue to strive to provide the best financial and asset services for our clients.
Jabban also highlights how Digital Assets are a cornerstone to the bank’s strategy. The bank’s mission is to bridge cutting-edge innovation with traditional tactics. Hence, Tezos’s staking possibilities, scalability, and high-quality governance align perfectly with their vision.
Arab Bank Switzerland’s digital assets have been easy to use, secured, and seamlessly integrated since it was authorized by FINMA in 2019. Tezos is growing quickly since it was launched in 2018. Tezos now boasts over 3.2 Million contract calls, and it has secured numerous projects to its blockchain.
McLaren Racing is one of them. Hic-Et-Nunc and Red Bull Racing Honda are others. Ubisoft has OneOf, Interpop and Ubisoft have OneOf. The blockchain’s low disruption rate during updates is one of its greatest advantages. It is easy to see why Tezos was chosen by the bank for its new services.
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