UBS CEO says the bank is adopting a “fast follower” approach for tokenized assets

During a recent earnings call, UBS CEO Sergio Ermotti revealed that the bank is considering cryptocurrency access for clients but will not be a pioneer in blockchain technology, instead adopting a fast follower strategy in tokenized assets.

UBS plans to build a core infrastructure for various crypto services and aims to expand its related businesses in the coming three to five years, aligning this with its traditional offerings.

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