UBS considers crypto offerings and tokenized deposit products for clients

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UBS Group AG, the Swiss universal banking leader, is exploring ways to offer crypto access to individual clients, said CEO Sergio Ermotti on the company’s earnings call on Wednesday.

The CEO noted that the bank is working on building foundational digital capabilities and is also looking into targeted offerings for corporate like tokenized deposits.

On asset tokenization, one of the dominant trends in finance in 2026, UBS plans to adopt a “fast follower” strategy, aiming at growth over the next three to five years to complement its existing services.

The Zurich powerhouse, which manages over $7 trillion in client assets, is weighing a limited rollout of crypto services for select wealthy clients as it assesses potential partners for a digital asset platform.

The initiative, which could start in Switzerland, comes amid rising institutional interest in crypto and increased competition in the sector. Other banking giants like JPMorgan, Morgan Stanley, and Julius Baer have already established digital asset services.

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