This Week in Crypto Valley
Who is doing what? What new innovative projects are coming on the scene? What are enterprises doing?
Stay up-to-date with information direct from Crypto Valley, Switzerland!
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Switzerland’s Crypto Valley has a tenuous relationship with banks. Is it love-hate? Or more fear and loathing? The latest development in the ongoing see-saw is the growing number of crypto-focused financial services companies aiming to become full-fledged crypto banks.
Switzerland’s private banks pre-date the rise of Crypto Valley by about two hundred years - and have (so far) seemed impervious to the crypot trend. But underneath the surface, things may be far different.
Nestle has confirmed that it is pushing ahead with a second blockchain-based project for its food supply chain - separate from its current pilot with IBM. Is it all good for consumers?
Facebook’s official announcement today regarding its cryptocurrency project, named Libra, didn’t come as a big surprise. The earlier news that it had set up a non-profit foundation in Geneva, in Switzerland’s Crypto Valley, did.
Crypto Valley in Switzerland has grown to be a global mecca for startups from around the world. Many of them decide to set up shop in Zug, Zurich or Geneva - and end up looking for a place work - hence the need for a convenient co-working space to operate from.
With Apple, Facebook and others flexing the muscle of their massive user bases, smaller fintechs are looking for ways to make good with erstwhile rivals - in order to get a piece of the pie…and survive.
Hiring a fintech PR firm is probably the last thing you want to do. But when you do, there are a few things you should keep in mind to help you make a wise choice.
The former head of UBS's private bank, Juerg Zeltner, is buying a stake in a strong, but significantly smaller European wealth manager, where he will take the CEO job, and rapidly expand the business. The move reflects Zeltner’s publicly declared opinion that smaller, more agile asset managers are more likely to prosper under current market conditions.
If your startup is “born and raised” in Switzerland, then you probably know that finding as significant amount of venture capital for your project will be a challenge. But there is something you can do about that.
Switzerland's stock exchange may issue its own tokens as part of a plan to digitize assets. Top executive Thomas Zeeb says that tokens may eventually replace stocks and bonds, and talks about what role cryptocurrencies play.