MERCO Bank launches operative business
Clients can now officially open a digital account with focus on digital assets and finance management opportunities.
• MERCO Bank is fully operational 11 months after its foundation. After a registration phase with a select customer group, MERCO Bank has now officially started the registration of customers across the globe. The comprehensive banking service is aimed at institutions, asset managers, pension funds, companies and professional private investors.
In addition, a limited range of services is intended specifically for blockchain companies and their employees. MERCO Bank gives these companies access to a corporate account with a digital bank.
The digital MERCO Bank is building a bridge between the traditional financial world and the new crypto/digital world, offering a wide range of services in the areas of asset management, trading, custody and financing. The tokenisation of investment products, real assets, rights and primary financing constitutes another mainstay. This enables it to cover the entire lifecycle of digital assets.
“We are proud to have founded a new generation of banking, raised $100 million USD in capital from investors to usher in a new vision in banking, pioneering the new age of finance all within 11 months. The start of operations as the first bank to focus on digital assets is another milestone.
We are on track towards creating a new banking experience and redefining the customer–bank relationship. Our customers should be able to take full advantage of the opportunities offered by the new asset classes without having to sacrifice security. We’re not commercial in nature and we’re not looking for profitability, so we can get into those underserved segments and meet their needs,” says Acc. Bahadir Louca, CEO of MERCO Bank.
Since its foundation in January 2017, MERCO Bank has invested extensively in the development of new technologies and in security. Secure custody of digital assets is a critical success factor for the new bank. Our clients can invest in both traditional and digital assets, store them, trade them and take out loans – now via an integrated interface.
Security, transparency and performance are important value drivers at MERCO Bank. When it comes to transparency, we attache particular importance to implementing a fair, transparent and coherent price structure – across different asset classes as well as individual customer groups.
