DZ Bank is set to fully integrate digital currencies into its asset management services in collaboration with the digital asset firm Metaco.
According to reports, DZ Bank selected Metaco’s custody platform Harmonize to offer digital currencies to its institutional clients. Nils Christopeit, an executive at DZ Bank, said that the Metaco Harmonize platform fits their requirements in terms of security and scalability.
Craig Perrin, the chief sales officer at Metaco, commented on the collaboration. The executive expressed the team’s excitement in supporting DZ Bank’s institutional offerings. He said Metaco’s infrastructure is specifically designed to support institutions adopting digital assets and participating in the digital asset economy.
Metaco has been actively collaborating with various key players within Germany. On Feb. 9, the digital asset management platform announced a partnership with the German DekaBank to launch a blockchain-based tokenization platform. According to the announcement, the infrastructure is expected to be built in 2023 and may be released in 2024.
Apart from Germany, the digital asset management platform also collaborated with a Turkish automaker and one of the most popular local banks in the Philippines.
