Tag: ubs

UBS AG (NYSE:UBS), a Swiss financial company headquartered in Zurich, priced the first digital bond in the history of banking institutions that will be settled both on a blockchain-based and traditional

UBS AG claimed that its digital bond settles using atomic settlement technology via the SIX Digital Exchange (SDX). UBS AG introduces digital bonds that are traded on both traditional and blockchain exchanges On Nov. 3, the Swiss investment firm UBS AG unveiled its hybrid digital bond, claiming it to be the first publicly traded bond […] The post...

Is the cryptocurrency market about to enter a period of prolonged bearish phase? The largest Swiss Bank, UBS, has warned of apocalyptic crypto winter, and the prices are poised to crash, reports...

Ralph...

Bitcoin's (BTC) plunge this week has not only shaken investors but also rattled banking institutions. While the institutional players continue buying the dips, the traditional banks have once again joined the anti-Bitcoin rant. Germany's biggest banking institution published a note "Bitcoin: Trendy is the last stage before tacky," on Thursday, May 20. While quoting fashion The post Deutsche Bank Refers to Bitcoin Value...

PLUS: Vitalik thinks UNI should become a price oracle. The biggest news of the week came from the likeliest of places: Elon Musk’s Twitter account, where he tweeted out an announcement putting a halt on BTC purchases for Tesla vehicles due to the environmental concerns associated with Bitcoin’s proof-of-work consensus algorithm. Outside of Elon, Tesla, and Bitcoin, a few other big names made...

Swiss investment bank UBS Group AP is reportedly planning to offer cryptocurrency investments, which would likely include bitcoin exposure.Major Swiss investment bank UBS Group AG is reportedly planning to offer cryptocurrency investments, likely including bitcoin exposure, to wealthy clients.“The Swiss firm is exploring several alternatives for offering the asset class, people familiar with the plan said,”...

The purchases suggest institutional investors’ appetite for crypto exposure in the bull market goes far beyond bitcoin, or even ether.

The digital assets post-trade collaboration also involves Citi, State Street, UBS and others.

Paul Donovan said that crypto supply cannot be reduced in case of a slump in demand.