Thursday November 7th, 2024
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Swiss Bank ‘Maerki Baumann’ Establishes Middle East Hub in Abu Dhabi

The Abu Dhabi hub will focus on blockchain and digital assets.

Scene Now UAE

Swiss Bank ‘Maerki Baumann’ Establishes Middle East Hub in Abu Dhabi

Zurich-based private bank Maerki Baumann is poised to open a new branch in Abu Dhabi, targeting the burgeoning blockchain and cryptocurrency sectors in the Middle East.

The Middle East Hub aims to cater to tech corporate clients specializing in blockchain technology and crypto applications, building on Maerki Baumann's extensive expertise in digital assets, recently consolidated under the newly launched crypto brand, ARCHIP.

Under the ARCHIP brand, the Abu Dhabi Hub will offer a wide range of services, including trading, custody, staking, and management of digital assets, as well as payment processing, liquidity management, and investment advisory for tech firms.

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