HomeTrending NewsCredit Suisse Bank enters the NFT market

Credit Suisse Bank enters the NFT market


On July 3, the Swiss financial institution Credit Suisse introduced that it could be collaborating with the Swiss Soccer Affiliation to launch 756 Ethereum NFTs, with all proceeds going towards selling girls’s soccer within the nation.

It’s the financial institution’s first foray into NFTs, which will likely be made accessible via its CSX app and convey extra options for digital property with out the necessity for cryptocurrency or a cryptocurrency pockets.

As a substitute, the NFTs will likely be bought via the app utilizing Swiss francs. In line with the financial institution, this “first step” was supposed to be “simple and client-friendly” so a “broad client base” might entry digital property.

With regard to the NFTs, every one contains a member of the Swiss Ladies’s Nationwide Staff and provides diversified levels of bonuses and benefits primarily based on rarity.

There are three ranges of rarity, with the 690 least uncommon gadgets costing roughly 170 Swiss francs or much less and the 11 most uncommon gadgets costing greater than 10,000 Swiss francs or $11,000.

Content material Supply: cointelegraph.com

About MahKa

MahKa loves exploring the decentralized world. She writes about NFTs, the metaverse, Web3 and related matters.

IMPORTANT DISCLAIMER: All content material offered right here in our web site, hyperlinked websites, social media accounts and different platforms are to your normal info solely, procured from third celebration sources. We make no warranties of any variety in relation to our content material. No a part of the content material that we offer constitutes monetary recommendation, authorized recommendation or some other type of recommendation meant to your particular reliance for any goal. Any use or reliance on our content material is solely at your personal danger and discretion. It is best to conduct your personal analysis, overview, analyse and confirm our content material earlier than counting on them.


Please enter your comment!
Please enter your name here


Bored Ape NFT Holder Falls Victim to Phishing Scam, Loses Valuable Assets

ZachXBT, a crypto investigator, observed what occurred first. It appears the Bored Ape proprietor bought tricked by a phishing assault, based mostly on what...

ERC-5189: A New Standard for Decentralized Mempools and Account Abstraction

ERC-5189, also called the Ethereum Enchancment Proposal (EIP) 5189, is a regular that was launched to deal with scalability and person expertise challenges in...

Gala recovers following unauthorized minting of 5 billion tokens

On twenty first Might, Gala Video games’ sensible contract was exploited with the unauthorized minting of 5 billion GALA tokens, price $240 million. The...

The Financial Innovation and Technology for the 21st Century Act Is a Watershed Moment for Our Industry

The Financial Innovation and Technology for the twenty first Century Act Is a Watershed Moment for Our Industry

Most Popular