IBM Just Crashed the Crypto Party — and Wall Street’s Paying Attention
This article first appeared on GuruFocus.
IBM Corp. (NYSE:IBM) is stepping deeper into the digital asset world with the launch of its new blockchain-based platform, Digital Asset Haven. Built in collaboration with crypto wallet provider Dfns, the platform is designed to help banks, governments, and enterprises develop secure services for custody, settlement, and tokenized asset management. Tina Tarquinio, IBM’s Chief Product Officer for Z and LinuxONE, said the goal is to give institutions a turnkey infrastructure that could dramatically shorten the build time for blockchain-based products. The move positions IBM to capture the next wave of enterprise crypto adoption as digital finance begins to move from experiment to…
