Subscribe to Our Newsletter
Monday May 16, 2022
Bitcoin (BTC) $30,081.00   Ether (ETH) $2,045.60
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Swap USDT (TRC20) Instantly
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Changelly
CryptoNinjas
Home Capital Raising

Blockchain asset inheritance startup PassOn gains SIX as an investor

Published by CryptoNinjas.net
10/15/2018
Blockchain asset inheritance startup PassOn gains SIX as an investor

PassOn AG, a Swiss startup for asset transmission and storage on blockchain announced it has sold a minority stake to SIX, which owns and operates Switzerland’s stock exchange. SIX’s investment looks to create a strong basis for developing infrastructure aimed at bringing inheritance on blockchain.

Most cryptocurrency holders have not considered what will happen to their digital assets in the event of incapacity or death. Managing a will and passing on such intangible and secured assets can become very complicated. PassOn AG’s estate planning solution and inheritance mechanism have the potential to become the new way in which assets, both traditional and digital, are passed on to next generations.

[perfectpullquote align=”full” bordertop=”false” cite=” Stephan Wippermann, CEO of PassOn AG.” link=“” color=“” class=“” size=””]“Just as the internet has transformed the way we access information, blockchains will transform the way we account for, store and exchange information and ultimately how digital assets can be inherited. The road ahead is paved with legal and technological challenges. We are delighted to have SIX on our side bringing profound experience working with both the government and regulators to define trustworthy standards.”[/perfectpullquote]

SIX, which announced back in July the building of a fully integrated trading, settlement and custody infrastructure for digital assets called SDX (SIX Digital Exchange) will be working in parallel with PassOn and examine the listing of the PassOn token and to provide secure storage for the PassOn wallet.

As part of SIX’s investment, Valerio Roncone, Head of Product Management & Business Development, Securities & Exchanges will become a board member of PassOn AG.

[perfectpullquote align=”full” bordertop=”false” cite=”Valerio Roncone of SIX” link=”” color=”” class=”” size=””]“The challenge in the digital asset space is to ensure clean, transparent and legally binding title to the assets between parties. This requirement is identical for counterparties who are exchanging assets whether they are living or deceased. The Distributed Ledger-based solution developed by PassOn AG can help enable such asset transfer seamlessly.”[/perfectpullquote]

28
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

SIX and SBI Group planning a joint Singapore-based digital asset exchange venture

12/08/2020
SIX and SBI Group planning a joint Singapore-based digital asset exchange venture

SIX Digital Exchange (SIX) and SBI Digital Asset Holdings Co., Ltd., an SBI Group (SBI) company today announced their intentions to work towards a joint venture to drive institutional digital asset liquidity through a...

Read more

SIX invests in institutional crypto asset trading platform Omniex

02/25/2020
SIX invests in institutional crypto asset trading platform Omniex

Last Wednesday, SIX, the Swiss provider of exchange services, financial information and banking, and blockchain asset trading platform Omniex signed a partnership agreement. The partnership will provide a gateway to digital exchanges (including cryptocurrency...

Read more

SIX and Sygnum Bank acquire stake in tokenized share platform daura

12/18/2019
SIX and Sygnum Bank acquire stake in tokenized share platform daura

Leading players in the Swiss ecosystem for digital assets are joining forces: the collaboration between Swisscom, daura, Sygnum Bank, Custodigit and MME will now include SIX.  This cooperation will strengthen the establishment of consistent...

Read more

SIX Digital Exchange (SDX) launches first prototype

09/23/2019
SDX SIX CryptoNinjas

SDX, an end-to-end platform for digital assets from the Swiss-based exchange company SIX, has launched a prototype of its digital exchange and CSD. Future releases will offer more functionality, with a particular emphasis on...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Tezos Asia entity TZ APAC teams up with NUS Computing to develop blockchain talent

Tezos Asia entity TZ APAC teams up with NUS Computing to develop blockchain talent

05/10/2022
Crypto exchange Coinhako secures license to offer token services in Singapore

Crypto exchange Coinhako secures license to offer token services from Singapore base

05/09/2022
Hedera launchpad platform HederaStarter to launch its native token via IDO on May 19

Hedera launchpad platform HederaStarter to hold IDO May 19 to establish HSTART token

05/11/2022
Aussie crypto exchange CoinJar rolls our improved platform design

Aussie crypto exchange CoinJar rolls out improved platform design

05/10/2022
Asia cypto margin trading app MoonXBT integrates XanPool's fiat gateway

Asia crypto margin trading app MoonXBT integrates XanPool’s fiat gateway

05/12/2022
Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision 

Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision 

05/12/2022
Hedera launchpad platform HederaStarter to launch its native token via IDO on May 19

Hedera launchpad platform HederaStarter to hold IDO May 19 to establish HSTART token

05/11/2022
Crypto trading network Apifiny launches new smart order routing feature across 20+ exchanges

Crypto trading network Apifiny launches new smart order routing feature across 25+ exchanges

05/10/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version