Bison enhances its financial services by teaming up with Germany’s biggest bank as a protective ally for client deposits.
On January 13th, Bison, the cryptocurrency trading platform managed by the Boerse Stuttgart Group, announced that Deutsche Bank has come aboard as a new banking partner. This move broadens their banking connections and marks the entrance of Germany’s biggest bank into securing euro deposits on the platform. Previously established partner, Solaris SE, will continue its role alongside Deutsche Bank.
Deutsche Bank joins BISON’s list of banking partners! 🚀
The German Bank is set to manage Euro deposits as part of BISONApp’s Multi-Banking strategy. Solaris SE remains our longstanding banking partner, with deposits and withdrawals continuing…
— BISON App – Krypto, Aktien & ETFs einfach kaufen (@bisonapp) January 13, 2025
Stuttgart Stock Exchange, known as one of the six largest stock exchange groups in Europe, primarily concentrates its operations on key strategic domains. These domains encompass the traditional capital market activities and forays into the digital and cryptocurrency industries.
As a crypto investor, I’ve received notification about an update for my Bison app. Version 4.4.0 is the new version we need to install. Alongside this, I’m being asked to agree with the revised terms and conditions, and most importantly, I’ll be required to give consent to have my euro balances managed by Deutsche Bank in a secure escrow account.
As a crypto investor, I’m reassured that the recent changes won’t alter my fees, transaction limits, or the swiftness of deposit and withdrawal processes. My access to balances remains uninterrupted, and my existing IBAN details remain the same. Rest assured, deposits are safeguarded under statutory insurance, offering up to €100,000 in coverage per depositor and bank.
As a forward-thinking crypto investor, I’m excited about the recent strategic alliance Deutsche Bank established in December 2024. They teamed up with Crypto.com to provide robust corporate banking services across Asia-Pacific regions like Singapore, Australia, and Hong Kong. This partnership not only expands their reach but also underscores their commitment to supporting the crypto ecosystem.
Furthermore, Deutsche Bank is taking part in Project Dama 2, a project spearheaded by the Monetary Authority of Singapore under their Project Guardian umbrella. This initiative brings together 24 financial organizations to investigate the application of blockchain technology in the process of asset tokenization.
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2025-01-15 07:28