Home Cryptocurrency Swiss Bank Cité Gestion becomes the first private bank to tokenize its own shares

Swiss Bank Cité Gestion becomes the first private bank to tokenize its own shares

by SuperiorInvest

The tokenization of Cité Gestion shares was carried out in accordance with the standards set by the Capital Markets and Technology Association (CMTA), a non-profit organization based in Geneva, the bank said in a statement. “Taurus and the application of CMTA standards ensure that an adequate risk management framework is at the heart of the process,” said Christophe Utelli, Deputy CEO of Cité Gestion.

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