Home BlockchainUBS CEO Details Crypto Plans Following Report of Bitcoin, Ethereum Trading for Wealthy Clients

UBS CEO Details Crypto Plans Following Report of Bitcoin, Ethereum Trading for Wealthy Clients

by Vivek Kumar
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UBS CEO Details Crypto Plans Following Report of Bitcoin, Ethereum Trading for Wealthy Clients

In brief

  • UBS Group’s CEO confirmed the company is working on a path to implement tokenized deposits and crypto access for users.
  • The firm was recently named an early design partner on Stripe’s stablecoin-focused blockchain, Tempo.
  • UBS netted nearly $8 billion in profits last year, but shares have fallen around 6% on Wednesday.

Publicly traded Swiss bank UBS Group AG (UBS) is creating a path to tokenized services and crypto access for its clients, the firm’s CEO confirmed on its Q4 earnings call on…

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