{"id":8509,"date":"2021-08-24T11:32:54","date_gmt":"2021-08-24T10:32:54","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=8509"},"modified":"2021-08-24T11:33:02","modified_gmt":"2021-08-24T10:33:02","slug":"incore-launches-new-tokenization-tool-using-tezos","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/incore-launches-new-tokenization-tool-using-tezos\/","title":{"rendered":"InCore launches new tokenization tool using Tezos"},"content":{"rendered":"\n
Crypto Finance AG, funded by Deutsche Boerse and Swiss business-to-business<\/a> bank InCore have announced the upcoming launch of Tezos custody, staking and trading services targeting financial institutions.<\/h5>\n\n\n\n
\"InCore<\/figure>\n\n\n\n

InCore Bank and Crypto Finance AG, as well as Swiss IT consulting business Inacta, launched a new partnership on Tuesday to launch new digital financial products based on Tezos\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, a decentralized, open-source proof-of-stake (PoS) blockchain network.<\/p>\n\n\n\n

The firms involved have created a new Tezos asset tokenization standard based on the Tezos FA2 standard, a multi-asset interface for Tezos that allows developers to create nonfungible tokens (NFTs).<\/p>\n\n\n\n

Inacta developed the new DAR-1 token standard, which intends to unlock new smart contract-enabled capabilities to serve financial markets, including anti-money laundering (AML) rules and asset governance, using the Tezos FA2.<\/p>\n\n\n\n

InCore Bank also announced the imminent availability of institutional-grade storage<\/a>, staking, and trading services for Tezos in conjunction with the tokenization tool (XTZ).<\/p>\n\n\n\n

Financial institutions will be able to offer to stake for their clients' assets, allowing them to receive rewards from staking or participate in transaction validation by locking up XTZ tokens, using InCore Bank's integrated services.<\/p>\n\n\n\n

The new collaboration, according to Stijn Vander Straeten, CEO of the Crypto Finance Group's storage infrastructure, “substantially widens tokenization potential<\/a>.”<\/p>\n\n\n\n

The CEO continued, “The launch of these Tezos use cases for the financial sector makes creative, compliant on-chain financial solutions a reality today.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto Finance AG, funded by Deutsche Boerse and Swiss business-to-business bank InCore have announced the upcoming launch of Tezos custody, staking and trading services targeting financial institutions. InCore Bank and Crypto Finance AG, as well as Swiss IT consulting business Inacta, launched a new partnership on Tuesday to launch new digital financial products based on […]<\/p>\n","protected":false},"author":12,"featured_media":8513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[3983,3981,3984,3982],"class_list":["post-8509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-b2b","tag-incore","tag-swiss-banking","tag-tezos"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/InCore-launches-new-tokenization-tool-using-Tezos.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/8509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=8509"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/8509\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/8513"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=8509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=8509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=8509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}