Swiss Crypto Bank AMINA taps tokeny to build compatible ‘bridge’ to asset tokenization

AMINA Bank, a FINMA-regulated crypto bank based in Switzerland, has partnered with Tokeny, a blockchain platform owned by Apex Group, to create a regulated infrastructure for institutional tokenization, the companies said Thursday.

The agreement is designed to provide financial institutions with “a regulated banking bridge” to issue and manage tokenized assets, such as government bonds, corporate securities and treasury bills.

Under the arrangement, AMINA (formerly known as SEBA Bank) will handle banking, custody and regulatory oversight of traditional assets, while Tokeny will provide the technology to turn these assets into tokens. The setup allows customers to transfer money seamlessly between traditional accounts and blockchain-based systems.

Tokeny’s platform, built on the ERC-3643 standard, adds a compliance layer that allows only authorized investors to hold or trade tokenized assets.

Together, AMINA and Tokeny say their collaboration will reduce time to market for tokenized instruments from months to weeks, laying the foundation for a more connected and regulated onchain financial system.

Read more: Crypto-focused AMINA Bank of Switzerland offers regulated staking of polygon token

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