The Swiss financial giant is the first bank on the platform that Broadridge has publicly announced.
The Swiss bank is operating a pilot program with plans to possibly launch a wider rollout to clients in a few months, one source said.
Though it was looking to offer crypto to wealthier clients in May, the bank is now warning clients to avoid it altogether.
The Swiss bank exploring “several alternatives” for offering crypto, according to people familiar with the plan.
The purchases suggest institutional investors’ appetite for crypto exposure in the bull market goes far beyond bitcoin, or even ether.
The digital assets post-trade collaboration also involves Citi, State Street, UBS and others.
Swiss financial giant UBS has started full-fledged transactions on we.trade, a blockchain-based trade finance platform.
Fresh off a $63 million fundraise, execs at bank blockchain consortium Fnality shed some light on the often-secretive project's plan to tokenize fiat currency.
U.K. bank Barclays and startup Clearmatics will hold a hackathon next month to spur ideas for blockchain interoperability.
A Swiss startup launched by several former UBS bankers has raised $104 million in a bid to establish a regulated crypto-friendly bank.
UBS doesn't believe bitcoin constitutes money or a viable asset class yet, but it could in the future.
The CEO of UBS Group AG endorsed blockchain technology in an interview, suggesting that it is "almost a must" for business.
The Batavia blockchain trade finance platform has completed a pilot that conducted live cross-border transactions involving corporate clients.
Swiss banking giant UBS and a group of major banks plan to launch a live application later this month using the ethereum blockchain.
In a patent application released by the USPTO, money manager UBS indicated it was considering using smart contracts to validate transactions.