BBVA Switzerland has formed a strategic alliance with Metaco, a subsidiary of Ripple, to enhance its digital asset operations. The collaboration will leverage Metaco’s Harmonize platform, which offers digital asset custody and orchestration solutions. This partnership will enable BBVA Switzerland to expand its digital asset offerings, including DeFi, tokenization, cryptocurrency custody, and smart contract management. The long-standing partnership between BBVA Switzerland and Metaco, along with the involvement of Swiss banking tech company Avaloq, will play a crucial role in integrating digital asset products into BBVA Switzerland’s portfolio. BBVA Switzerland is a pioneer in the Eurozone’s digital assets domain and aims to advance blockchain services while focusing on financial education in the digital asset sphere. The collaboration with Metaco will empower BBVA Switzerland to strengthen its digital asset and private key custody capabilities, enhancing security policies and operational flexibility. This partnership aligns with BBVA’s vision for future business use cases in the digital asset space. The adoption of Metaco’s Harmonize solution by institutional banks, such as DekaBank and VP Bank, further highlights the growing trend in the industry.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Europe
Countries	🇨🇭 🇩🇪 🇱🇮
Sentiment	positive
Relevance Score	1
People	Adrien Treccani, Alfonso Gómez
Companies	BBVA Switzerland, Metaco, Ripple, Avaloq, DekaBank
Currencies	None
Securities	None