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VP Bank, one of the largest banks in Liechtenstein, has partnered with digital asset infrastructure provider Metaco to consolidate its digital asset custody and tokenization operations.
According to an announcement, VP bank will use Metaco’s Harmonize platform to expand its services, and enable support for tokenized asset minting, burning and storage. Marcel Fleisch, the chief product officer at VP Bank, said in the announcement that the company is rethinking wealth management using a combination of traditional banking and digital ecosystems. Fleisch highlighted that this creates new opportunities and services for its client base.
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