The cryptocurrency industry continues to develop at full speed in our country as well as all over the world. At this point, while many people are investing in cryptocurrencies, our country's institutions are also stepping into the cryptocurrency sector.
At this point, the latest news came from the local investment bank Mission Bank.
According to the announcement shared on Accesswire, local investment bank Mission Bank has partnered with Switzerland-based crypto company Taurus.
Having stepped into the cryptocurrency industry with this partnership, Mission Bank will benefit from Taurus' technology to create digital asset custody and tokenization services as part of this partnership.
“Mission Bank, Turkey's investment bank for the new economy, signed a partnership agreement with Taurus, Europe's leading custody and tokenization technology provider.
Pending regulatory clearances, Mission Bank will use Taurus-PROTECT™ for the secure storage of digital assets such as cryptocurrencies, tokenized assets and digital currencies.”
Mission Bank CEO Dr. Önder Halisdemir made the following statements in his statement:
“We have taken an important step with our vision of making Turkey the Switzerland of its region. With this cooperation, Turkish assets will be made accessible to investors around the world through tokenization.
Our cooperation with Taurus has been structured through our wholly owned subsidiary, MvizyonTech, to transform Turkey into a regional investment base by protecting domestic and regional assets within the borders of Turkey. Moreover, Mvizyon Bank will offer high value-added and inclusive local custody solutions.
“With the completion of the local regulatory framework for cryptocurrencies, designed with the contributions of Istanbul Technical University and KPMG, our work will make Turkey a center of excellence and attraction in its region in custody services and tokenization.”