Blockchain Fintech Firm Bitbond Joins German Bank Association Bankenverband

The Berlin-based fintech firm announced Tuesday it joined the association for private banks in Germany.

AccessTimeIconJul 21, 2020 at 4:08 p.m. UTC
Updated Sep 14, 2021 at 9:33 a.m. UTC

Bitbond, a Germany-based firm that provides blockchain enabled tokenization services, announced on Tuesday that it had become a member of the German bank association Bankenverband. 

  • In an emailed announcement, the firm said the bank association has already been working with initiatives like the digital euro, and Bitbond would contribute its expertise in the tokenization and digital asset custody area through its membership. 
  • Bankenverband, or the Association of German Banks, represents about 200 commercial banks in the country. 
  • Back in February, Bitbond said it had partnered with the Munich based Bank von der Heydt, to help integrate blockchain technology with the bank’s established securitization services. 

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Investing in the Future of the Digital Economy
October 18-19 | Spring Studio, NYC