UBS, $165B Banking Giant, Tests Ethereum Infra With Nethermind

In a major institutional crypto update, Swiss banking giant UBS has revealed partnered with blockchain infrastructure firm Nethermind to test Ethereum-based applications. The collaboration aimed to check whether Ethereum can meet the compliance requirements of institutional finance. The collaboration resulted in two proof-of-concept projects that explored how regulated financial institutions could interact with the public

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Sneha Agrawal
CoinGape