The latest technology news in the wealth management sector from around the world.

Metaco, which provides technology infrastructure to regulated financial institutions, has partnered with Liechtenstein-based VP Bank.

The collaboration uses Metaco’s flagship platform, Harmonize™, to allow VP Bank the freedom to expand its digital asset custody and tokenization services beyond art and physical collector items, such as being able to support tokenized financial assets or minting, burning and storage of tokens.

The pact is an example of how the area of “digital assets” continues to grow in the wealth management space. The involvement of VP Bank puts it alongside other banks, such as Julius Baer and SEBA Bank, that have been involved (see stories here and here). VP Bank has been operating in the digital assets area since 2021.

“By partnering with Metaco to offer a secure and scalable platform to tokenize and custody all types of financial, digital and real-world assets, we take a new major step towards building VP Bank’s foundation of the future,” Marcel Fleisch, chief product officer at VP Bank, said. 

See an article about wealth management and digital assets, here.