Credit Suisse

From CryptoWiki

Basics

"This Swiss banking giant has been investing in blockchain since 2015, when it became a founding member of blockchain consortium R3."

"Is using the Paxos Settlement Service to settle U.S. listed stock trades with broker-dealer Nomura’s Instinet. The blockchain technology allows participants to settle trades directly with each other, without the traditional intermediary, enabling same-day settlement versus the two days it typically takes."

Tech

 Roadmap

Usage

Competition

Pros and Cons

Team, investors, Partnerships, etc.

Team

  • Key Executive: Emmanuel Aidoo, head of digital assets markets (2020 & 2021)
  • David Olsson; formerly ran a private banking team focused on Ultra-High Net-Worth clients. Now works for Blockfi 

Investors

Partners 

"It is now working with the parent company of bitcoin exchange itBit, to settle U.S.-listed equity securities using a blockchain. Another blockchain partnership with Deutsche Börse has reduced settlement times for government and corporate bonds to the same day."

  • MAMA, a member, according to their website (27-4-2021).