Both Sygnum and Seba Bank have launched new digital token offerings in recent days. In the middle of the crypto winter, they are building the customer base of the future.
Zurich- and Singapore-based crypto bank Sygnum has launched a range of non-fungible token (NFT) services. These are aimed at companies and their brands, associations and artists, the fintech announced on Tuesday.
Sygnum opens up its NFT platform to non-financial players; this with the promise to get closer to customers, fans and communities through the tokens. “We see great potential in using NFT as a vehicle to monetize trademarks and intellectual property rights,” said Thomas Eichenberger, Heads of Business Units, as requested by finews.ch. An example from sports, according to Eichenberger, is the issue of digital “meet and greet” tickets for fans with their favorite club.
Save bored monkeys
Last week, competitor Seba Bank presented a platform on which to securely store the most famous Ethereum-based NFTs – we are talking about ‘blue-chip’ collections of hyped digital artworks such as Bored Apes, CryptoPunks or Clone X.
In 2021, speculators spent billions of dollars on such NFTs, driving up prices and profits. This year, however, prices for risky assets have plummeted. For example, turnover on the NFT trading platform Open Sea fell 60 percent in the third quarter compared to the summer, according to the Dappradar service.
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