The Swiss bank has become the first issuer worldwide to offer a classic structured product for trading and custody using blockchain technology.

Vontobel is offering its clients the opportunity to trade and hold a structured product on the blockchain in a regulated environment by means of a Smart Contract. The new equity-linked tracker certificate will be tradeable via blockchain technology thanks to a Smart Contract that maps the traditional financial product to the blockchain. The product has been developed together with Lienhardt & Partner Privatbank Zürich and tracks the performance of the Vontobel Swiss Research Basket.

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