Metaco SA, an infrastructure provider for financial institutions entering the digital asset ecosystem, has formed a partnership with Frankfurt School Blockchain Center (FSBC) – a think tank and research center in the digital asset sector. According to a release, the partnership will see FSBC support research and development, technical infrastructure, and leverage its network to strengthen Metaco’s service offerings.
Metaco’s SILO solution is an “institutional operating system” for digital assets that has been implemented by BaFin, Finma and MAS regulated banks, exchanges, and infrastructure partners. SILO delivers a full-stack solution that is supported by a diverse range of partners from integrated core banking software partners, security solutions, compliance, and trading to tokenization.
Founded in 2017, FSBC is a research institution studying the implications of blockchain, cryptocurrency, and DLT, and claims an extensive network of industry experts including PwC, eToro, Consensys and the International Token Standardization Association (ITSA).
Seamus Donoghue, VP Sales & Business Development at Metaco said that as a leading digital asset infrastructure partner to regulated banks and exchanges, both in Germany and internationally, they see significant synergies through this new partnership to further accelerate the institutional understanding, adoption, and use of crypto assets in Germany and Europe more broadly.
“The new partnership between Metaco and ourselves brings numerous benefits and synergies for both sides. Whilst Metaco benefits from our network and research, especially in the area of custody, we also profit from the fact that we have gained another high-caliber partner from the field of digital finance,” stated Prof. Dr. Philipp Sandner, the Head of FSBC.