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These statements are so bullish for Tezos

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by COINS NEWS 362 Views

Source: https://decrypt.co/79292/xtz-rallies-swiss-firms-tap-tezos-new-token-standard

Three Swiss institutions will offer tokenized assets on Tezos, their statements make me very bullish on Tezos.

In a joint statement, Crypto Finance Group, InCore Bank, and Inacta said that the main reason they chose Tezos was “because its on-chain governance allows upgrades without disrupting or splitting the network.”

InCore Bank also announced that it would become the first B2B bank in Switzerland to launch institutional-grade trading, storage, and staking services for the Tezos network, offering its institutional customers new yield-earning products.

Staking XTZ will let the bank’s clients participate in the governance of the network and earn rewards, with the option available directly via e-banking system.

According to Stijn Vander Straeten, CEO of Storage Infrastructure at the Crypto Finance Group, thanks to the launch of these novel Tezos use cases, “innovative, compliant on-chain financial products [are becoming] a reality today.”

submitted by /u/Timetraveler4000
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