Tokenization is definitely the hot financial topic of the moment. According to the numerous votes on this issue, there seems to be no way around it. That the future of all kinds of assets will be digital in the foreseeable time is also in line with the conviction of InCore Bank. But what is tokenization? With the help of blockchain technology, a digital image, a so-called token, is created for material or immaterial assets. The key is the use of blockchain technology, which enables numerous advantages that are difficult to realize through the traditional securitization approach. A blockchain is an…
Author: René Hertach
René Hertach is Head Transaction Banking and Deputy CEO at InCore Bank, for which he has been working since its establishment in 2007. Before that, he gained many years of experience in the financial industry as Head of Information Technology. His interest in digital assets and their potential for the financial world started very early. Thus, he was also a major contributor to InCore Bank becoming the first Swiss business-to-business bank to provide financial service providers and institutional investors with easy and secure access to digital asset banking in 2020.
The NFT market is rebounding with $800M in monthly sales and positive sentiment, led by Pudgy Penguins’ memecoin PENGU.
Bitcoin reached a historic $100K milestone, altcoin season, and record liquidations take place, while institutional demand increases.