Misyon Bank, seen as Turkey’s pioneering “neo-bank,” has struck a significant partnership with Swiss tokenization platform Taurus, marking a notable advancement in the digital assets field. This collaboration aims to position Turkey as a key investment hub in the region by making Turkish assets globally accessible through tokenization.
Taurus, known for its dealings with banking giants like Credit Suisse and Deutsche Bank, will now extend its expertise in digital asset storage to Misyon Bank, catering to a wide range of entities, including stock exchanges, fintech firms, and central banks.
Elevating Turkey’s Financial Landscape
Dr. Önder Halisdemir, CEO of Misyon Bank, shared his enthusiasm about the partnership, emphasizing its alignment with the vision to transform Turkey into the “Switzerland of its region.” This alliance is expected to safeguard domestic and regional assets within Turkey’s boundaries, thereby enhancing its appeal to global investors.
The collaboration is facilitated through MisyonTech, a wholly-owned subsidiary of Misyon Bank, which, alongside contributions from Istanbul Technical University and KPMG, is set to offer innovative local custody solutions for digital assets pending the completion of a local regulatory framework.
Taurus Co-Founder Lamine Brahimi expressed excitement over partnering with Turkey’s first Neo-investment bank, looking forward to supporting Misyon Bank in launching new digital asset services. This collaboration underscores the potential for Turkey to carve out a significant position in the realms of digital asset custody and tokenization within the region.
