Together with digital asset company Metaco, Germany’s second largest bank by asset size, DZ Bank, will fully incorporate digital currencies into its asset management services. This effort will take place in the coming months.

“With the offer that we can build by using this technology, we are confident that we can create a long-lasting and rapidly expanding business cooperation as well as an attractive solution for our customers that can also meet the requirements of digital currencies and instruments. decentralized financiers, added Christopeit, “In addition to this, we believe that we will be able to meet the demands of digital currencies and decentralized financial instruments.”

Craig Perrin, who serves as director of sales for Metaco, also offered his thoughts on the relationship. The CEO conveyed the joy the team has in supporting DZ Bank’s institutional products. He said that the infrastructure provided by Metaco is specifically designed to support organizations interested in adopting digital assets and participating in the digital asset market. He went on to say: “We are delighted to announce this partnership as it further confirms Metaco as the market leader in Germany, and is trusted by some of the country’s leading banks and stock exchanges.”

In Germany, Metaco has been actively involved with a wide variety of major companies in the industry. The digital asset management platform made the announcement on Feb. 9 about its relationship with German DekaBank to establish a tokenization platform based on blockchain technology. The news indicates that the construction of the infrastructure is planned for 2023, and it is possible that it will be available in 2024.

The digital asset management platform worked with a Turkish car manufacturer and one of the best-known local banks in the Philippines, in addition to Germany, which was the main country involved. On January 10, Metaco partnered with Turkish automotive technology firm Togg in order to help Togg secure its smart contract-based vehicle mobility services. The company was also instrumental in assisting UnionBank of the Philippines with the introduction of its custody and trading services for Bitcoin (BTC) and Ether on November 2, 2022. (ETH).