Digital Digest: The Latest Tech News - Taiwan, Aegis Custody

Editorial Staff

31 March 2020

Next Commercial Bank, Kamakura Corporation
, has partnered with CTBC Bank. The partnership is designed to boost CTBC’s digital financial asset business.

The assets involved in the deal include real estate investment trusts and equities, the groups said in a statement yesterday.

Hong Kong granted Aegis Custody a licence in 2019, making it the first fintech start-up in Asia to reach that point.

The platform set up by the Aegis team features third-party trust mechanisms in the US and Hong Kong which enable transactions to be validated safely and quickly.