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Estimated reading time: 0 minutes, 17 seconds

HSBC Latest to Add Tokenized Securities Storage Services

Friday, Nov 10 2023

News

Written by FinTech News Brief

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HSBC announced it will offer customers tokenized securities custody services. So reports CNBC.

In order to do so, the British bank will deploy tech from Swiss firm Metaco, which was recently purchased by Ripple. The storage services play from HSBC follows a similar one made in 2021 by U.S. bank BNY Mellon.

Read the full article at CNBC.

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