Published: 28.03.2022
Article reading time:
1 minute.
One of the world’s largest retailers and distributors, El Corte Inglés, in partnership with Deloitte, is creating its own digital asset platform.
The world’s third largest trading network intends to create its own cryptocurrency exchange, intending to offer a “new investment concept” to its eleven million client base. El Corte Inglés has engaged consulting firm Deloitte to help build the technology platform.
In this way, El Corte Inglés plans to develop a loyalty program, offer additional services to customers and, possibly, their own tokens.
The implementation of the concept of “entering this world of alternative investments” began with the creation of a subsidiary of Bitcor, which will now provide El Corte customers with the ability to make cryptocurrency transactions in bitcoins and ether.
Bitcor was registered with the European Union Intellectual Property Office (EUIPO) in 2021 to provide “financial services, financial transactions related to currency exchange and currency trading”, and its future activities are approved by the European Commission.
In February 2022, Swissquote, an online trading banking group, announced that it was expanding its range of options for investing in cryptocurrencies by launching Tezos staking. Swissquote is expected to open its own cryptocurrency exchange by mid-2022, and regular staking campaigns will help attract new customers.
Source: Bits
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