Fintech Lightnet teams up with Swiss crypto bank SEBA
Source: LeapRate
Bangkok-based Lightnet announced its partnership with SEBA. The fintech will serve retail as well as institutional investors globally with more transparent and secure settlement solution.
The Zug-based crypto bank will serve as banking counterparty for the Lightnet Group. The partnership will enable settlements, correspondences and remittances in both fiat and digital currencies. SEBA will also act as an alternative settlement banking network, account, custodian and settlement bank for money transfer operators (MTOs) in digital currencies.
Matthew Alexander, head of asset tokenization of Seba Bank commented:
Asia is a promising market not only because of its size but especially because of the affinity of the people towards digital services and digital assets.
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