Globally renowned banks establish encryption asset trading business, CEO says adoption of Digital Money is inevitable.

Recently, it has been reported that an internationally renowned bank has established a series of Crypto Assets trading services aimed at providing services to its institutional clients. It is said that this trading business is composed of nine companies, including five large OTC Trading firms and four Crypto Assets exchanges. Notably, this business also involves a Token that is settled on the Ethereum network.

Just a day before this news broke, the CEO of the bank expressed his views at a fintech event held in Singapore. He stated that the widespread adoption of digital currencies is an "absolutely inevitable" trend. This remark has sparked widespread discussion in the industry and reflects the gradual shift in traditional financial institutions' attitudes towards the crypto assets field.

This series of actions indicates that the traditional banking industry is actively exploring the crypto assets market to meet the growing demand from institutional clients. As the digital asset market continues to develop, more and more financial institutions are starting to pay attention to this field and are attempting to participate in various ways. This not only brings new business opportunities to traditional financial institutions but also injects new vitality into the development of the crypto assets industry.