The application developed by Honesto aims, in particular, to make it easier for users who are not familiar with the crypto world to trade investment tokens, InCore Bank explains in a press release. To this end, the fintech start-up based in Adliswil is seeking to ensure maximum simplicity and security, the press release states further. Users of the application will have access to a digital wallet in which both traditional and cryptocurrencies can be stored.
Sanela Lüscher, Founder and CEO of Honesto AG was quoted in the press release, explaining how Honesto is rethinking the concept of crypto trading and is committed to increasing the acceptance of cryptocurrencies. In this way, Lüscher comments, Honesto is hoping to bridge the gap between the world of crypto and that of traditional financial investments. The tokens that can be traded via the Honesto app originate from a total of 28 reliable and verified liquid stock exchanges, the press release explains.
All investment assets held by users, digital and traditional alike, are stored in an account with the Schlieren-based InCore Bank. In the press release, Mark Dambacher, CEO of InCore, comments: “InCore Bank is among the first established financial service providers around the world to recognize the potential of digital assets such as cryptocurrencies and investment tokens. We are convinced that the Honesto app meets a major need and that there is the relevant demand for this on the market”.