300422 Guangxi Bossco Environmental Protection Technology (A)

DGAP-News: FinTech arm of WEG Bank partners with Anquan Capital to explore blockchain applications for banking and financial services

DGAP-News: WEG Bank AG / Key word(s): Investment/Cryptocurrency / Blockchain
FinTech arm of WEG Bank partners with Anquan Capital to explore blockchain applications for banking and financial services

15.05.2020 / 10:31
The issuer is solely responsible for the content of this announcement.



FinTech arm of WEG Bank partners with Anquan Capital to explore blockchain applications for banking and financial services

, a Singapore-based group of technology companies has partnered with the FinTech arm of the German , which operates under the brand name .

Anquan Capital has launched a number of innovative technology companies including , and . TEN31 Bank, which is currently developing into a specialist institute for blockchain-related FinTech companies, will implement joint projects with these companies in the future.

The new partners will announce specific projects over time. However, it is expected, for example, that the legal framework for crypto storage that has been in place since early 2020 will play a role. TEN31 has positioned itself accordingly at an early stage and secured permission under the grandfathering rule of the German banking code.

This collaboration will explore opportunities between Anquan Capital through Anqlave and Zilliqa. Anqlave develops custody and secure data storage solutions for enterprises, while Zilliqa is a high-throughput, high-performance blockchain for next-generation enterprises and applications.

With the new partnership, the strategy of TEN31 Bank continues to consistently focus on strategic partnerships. With this important step, the vision of the founder, Matthias von Hauff, to shape the bank into a full-service provider for FinTech customers has become a reality.

Like all TEN31 partners, Anquan attaches great importance to transparency and compliance. The partnership between the two groups now makes it possible in particular to develop services in the financial sector that require a solid regulatory framework.

Matthias von Hauff, CEO of TEN31 Bank: "With Anquan as a shareholder, we have added yet another ideal partner to our network. Not only do we benefit from their excellent technologies, but we also secure a spearhead in the Asian region in the long term."

Max Kantelia, CEO of Anquan: "I've always said that bringing blockchain into the mainstream requires a concerted, multi-sectoral effort by legacy institutions, emerging tech companies, and regulators. That's why Ten31's forward-thinking strategy and its clear role as a regulated bridge between the legacy and blockchain holds enormous appeal for me. Today, we can see blockchain creeping from the fringes of a technology sector that few understand, and into our daily lives. It is a perfect time to collaborate with TEN31 to explore how unlocking the potential of DLT technologies could accelerate digital transformation and revolutionise finance for everybody."

A further positive signal for the industry is the German Federal Government's progress in pushing ahead with regulation. Industry experts are eagerly awaiting the next draft bill on crypto custody and further legislative changes in 2020. The recently published decision of the German Bundestag underlines the increasing importance of the necessary regulatory framework.

Interested companies can contact the contact persons at TEN31 Bank at

WEG Bank AG / TEN31

Matthias von Hauff

CEO & Founder

0

Anquan Capital Pte Ltd

Max Kantelia

CEO & Co-Founder

e

About WEG Bank AG/TEN 31 Bank

"Always one step ahead": With this mission, the German WEG Bank AG initially dedicated itself to the housing industry and secured a role as a leading institute for WEGs and property managers. With the founding of the product "TEN31" the institute remains true to its innovative spirit and establishes a second product line: banking services in innovative payment transactions. TEN31 focuses in particular on the everyday usability of digital currencies with the aim of providing true added value for all parties involved. TEN31 is the bridge between conventional banking and the blockchain world.

About Anquan Capital

was founded in 2015 with the goal of incubating and taking-to-market technology companies
based upon original academic research. Anquan has launched three companies to-date:

- Zilliqa, the high- throughput public blockchain platform

- Anqlave, which is building hardware-grade security products for the storage of digital assets using hardware rooted security

- Aqilliz, which is building blockchain based products to bring greater transparency and balance to the digital marketing industry

 

 



15.05.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at


1044111  15.05.2020 

fncls.ssp?fn=show_t_gif&application_id=1044111&application_name=news&site_id=research_pool
EN
15/05/2020

Underlying

300422Guangxi Bossco Environmental Protection Technology (A)

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Guangxi Bossco Environmental Protection Technology (A)

 PRESS RELEASE

Sunrise récompensée une nouvelle fois pour le meilleur service clients

Sunrise UPC GmbH / Mot-clé(s) : Autres Sunrise récompensée une nouvelle fois pour le meilleur service clients 31.08.2022 / 10:00 CET/CEST Sunrise remporte le test connect de la hotline du réseau fixe 2022. Sunrise établit à plusieurs reprises de nouvelles références en Suisse et dans la région DACH: Meilleur service clients pour le réseau fixe et haut débit (connect numéro 10/2022) Meilleur service clients pour la téléphonie mobile (connect numéro 5/2022) C’est le seul opérateur à remporter le test dans les deux domaines (téléphonie mobile, réseau fixe et haut débit)...

 PRESS RELEASE

Sunrise premiata di nuovo per il miglior servizio di assistenza client...

Sunrise UPC GmbH / Parola (s): Altro Sunrise premiata di nuovo per il miglior servizio di assistenza clienti 31.08.2022 / 10:00 CET/CEST Sunrise vince il test di connect 2022 dedicato al numero di assistenza per la rete fissa. Sunrise definisce nuovi standard in Svizzera e nella regione D-A-CH in diversi ambiti: miglior servizio di assistenza clienti per la rete fissa e la banda larga (connect numero 10/2022); miglior servizio di assistenza clienti per la telefonia mobile (connect numero 5/2022); unico operatore a vincere il test in entrambi i settore (telefonia mobi...

 PRESS RELEASE

Sunrise erneut für besten Kundendienst ausgezeichnet

Sunrise UPC GmbH / Schlagwort(e): Sonstiges Sunrise erneut für besten Kundendienst ausgezeichnet 31.08.2022 / 10:00 CET/CEST Sunrise gewinnt den connect Festnetz-Hotline-Test 2022. Sunrise setzt in der Schweiz und der DACH-Region gleich mehrfach neue Massstäbe: Bester Kundendienst für Festnetz und Breitband (connect Heft 10/2022) Bester Kundendienst für Mobilfunk (connect Heft 5/2022) Einziger Anbieter mit Testsieg in beiden Bereichen (Mobilfunk, Festnetz und Breitband) mit jeweils höchster Punktzahl über die 3 Länder hinweg «Schnelle Problemanalyse gepaart mit hoh...

 PRESS RELEASE

Sunrise wins award for best customer service once again

Sunrise UPC GmbH / Key word(s): Miscellaneous Sunrise wins award for best customer service once again 31.08.2022 / 10:00 CET/CEST Sunrise wins connect magazine’s landline hotline test 2022. Sunrise sets multiple new standards in Switzerland and the DACH region: Best customer service for landline and broadband (connect issue 10/2022) Best customer service for mobile (connect issue 5/2022) The only provider to win tests in both areas (mobile and landline/broadband) with the highest scores across the three countries. According to connect magazine, «rapid analysis of ...

 PRESS RELEASE

OPPO Explores New Technology Breakthroughs with Developers and Partner...

Oppo OPPO Explores New Technology Breakthroughs with Developers and Partners at OPPO Developer Conference 2022 31-Aug-2022 / 07:25 CET/CEST  OPPO Explores New Technology Breakthroughs with Developers and Partners at OPPO Developer Conference 2022   SHENZHEN, CHINA - - 31 August 2022 - OPPO kicked off its 2022 OPPO Developer Conference (ODC 2022) today, unveiling its Pantanal cross-platform smart system, OPPO Carlink solution for enhanced smartphone-car integration, and the OPPO Sense® health algorithm along with an RMB 2 billion plan to support developers and creators working with...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch