Turkish neobank Misyon Bank partnered with Swiss crypto custody firm Taurus to enable digital asset custody and tokenization services.
Misyon Bank — an investment banking firm and one of the first neobanks in Turkey — is moving into digital asset custody and tokenization with Swiss cryptocurrency custody provider, Taurus.
Announcing the news on March 26 to Cointelegraph, Misyon mentioned that the collaboration is structured through its wholly-owned subsidiary MisyonTech. “With this collaboration, Turkish assets will be made accessible to investors worldwide through tokenization,” Halisdemir noted. He added that local solutions for digital assets will be designed with the contributions of Istanbul Technical University and KPMG. The exec stated:
Cointelegraph approached the firms for a comment regarding the crypto aspect of the collaboration but had yet to receive a response at the time of publication., or $170 billion in 2023, according to data from Chainalysis. The country is just behind the United States, India and the United Kingdom.
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