Germany's solarisBank is setting up a 'Blockchain Factory' to offer banking services to companies whose business is directly or indirectly based on cryptocurrencies and blockchain technology. Philipp Blankenagel, Head of Communications at solarisBank, say's
"We … see it as a chance to work with innovative companies on the future of the financial industry. We believe in the future of blockchain technology and the future of companies that rely on this technology. At the same time, as a bank licensed company, we place great value on legal and regulatory permissibility and scrutinize possible partnerships.”
The German bank has already secured its first deal with vPE Bank, to enable institutional trading of cryptocurrencies. Further services combining debit cards and cyrptocurrency wallets are currently in progress with other corporate clients.
