UBS Explores Blockchain to Revolutionize Digital Gold Investments for Retail Investors

Description

Switzerland’s largest bank, UBS, is taking a major step in integrating blockchain technology into traditional finance by experimenting with digital gold investments for retail investors. With over $5.7 trillion in assets under management, UBS has successfully completed a proof-of-concept for its fractional gold investment product, UBS Key4 Gold, on the Ethereum layer-2 network ZKsync Validium. The adoption of ZKsync Validium allows UBS to enhance the scalability, privacy, and interoperability of...