HSBC and Metaco's Alliance: Pioneering Blockchain Securities Custody

HSBC and Metaco's Alliance: Pioneering Blockchain Securities Custody



HSBC, the UK-based banking behemoth, is gearing up to introduce a new service tailored for managing digital assets for clients who are into investing in securities that exist on the blockchain.



As a global custodial leader with a reach that spans over 90 countries, HSBC is joining forces with Metaco, a Swiss company specializing in the custody, trading, and finance of digital assets, which is under Ripple's umbrella.



For this venture into the digital asset sphere, HSBC is utilizing Metaco's institutional-grade platform, Harmonize.



Set to launch in 2024, this cutting-edge custody service is poised to enhance HSBC Orion, which is the bank's own platform dedicated to creating digital assets. This service will also build upon HSBC's latest move into tokenizing gold. Together, these offerings are designed to give institutional


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