Swiss digital asset bank SEBA will provide digital securities issuance and other services on the Corda network

Swiss digital asset bank SEBA Bank and Corda-based Digital Asset Sharing Ledger (DASL) have established a cooperative relationship. SEBA Bank will provide digital securities issuance and investment services for its institutional clients on the Corda network. DASL’s compliant digital securities products include issuance, portfolio management, and asset clearing and settlement through distributed ledger technology. Lianwen Note: After obtaining the “Bank and Securities Self-Dealer License” issued by the Swiss Financial Market Supervisory Authority (FINMA), SEBA Bank AG announced the start of business on November 12, 2019, and only one month after the start, Expanded to Hong Kong, Britain, Germany, France, Portugal, Singapore, Italy and Austria.