An important agreement was made in Turkiye in the field of tokenisation, which has been followed with interest by the traditional finance world in the last few months. Misyon Bank, seen as Turkiye’s first “neo bank”, established a partnership with Taurus, known for its activities in the field of tokenisation in Switzerland.

Taurus, which also works with world giant banks such as Credit Suisse and Deutsche Bank and provides services in the storage of digital assets, and the executives of Misyon Bank came together at the signing ceremony.

Dr Önder Halisdemir, CEO of Misyon Bank, commented on the partnership: “Through our vision to make Türkiye the Switzerland of its region, we have taken a significant step forward. With this collaboration, Turkish assets will be made accessible to investors worldwide through tokenization. Domestic and regional assets will be safeguarded within Turkish boundaries, establishing Türkiye as a regional investment hub. We have structured our collaboration with Taurus through our wholly-owned subsidiary MisyonTech. In addition, Misyon Bank will offer high-value-added and inclusive local custody solutions for digital assets, designed with the contributions of Istanbul Technical University and KPMG. With the completion of the local regulatory framework for digital asset custody services, our efforts will make Türkiye a center of excellence and attraction in its region regarding custody services and tokenization.”

Taurus Co-Founder Lamine Brahimi said: “We are very pleased to collaborate with Misyon Bank, Türkiye’s first Neo-investment bank, and look forward to supporting the bank in launching new digital asset services leveraging Taurus-PROTECT and Taurus-CAPITAL. We have been impressed by Misyon and MisyonTech team of experts – and we are confident that through this significant collaboration, Türkiye could establish a prominent position within the region in digital asset custody and tokenisation.”