Synthesis Bank, a Cayman-based firm, has launched the world’s first crypto-tokenized investment bank

• Synthesis Bank’s blockchain-based service aims to revolutionise the investment banking ecosystem
• The most significant challenge for these legacy investment banking firms is the emergence of disruptive fintech firms
• The STB token presale is scheduled to begin in July 2021

Synthesis Bank, which is powered by Ethereum, aims to revolutionise the investment banking ecosystem with its blockchain-based service. The service will include its own native STB token, which will go live in July 2021. Investors are looking for better diversification channels, better services, and faster processes to increase their returns, and the investment banking world is changing quickly. Traditional investment banks are also facing challenges in terms of regulation, capital funding, outdated techniques, and infrastructure and security issues as a result of the changes. According to research, the cryptocurrency market is expected to grow at a CAGR of 7.1 percent from USD 1.6 billion in 2021 to USD 2.2 billion in 2026.

However, according to a Deloitte study, one of the most significant challenges for these legacy investment banking firms is the emergence of disruptive fintech companies. Fintech and blockchain companies are taking steps forward to offer retail and institutional clients new digital assets and infrastructure to enhance their returns and investments, from cost savings to global customer adoption.

The Cryptocurrency Market’s Obstacles

For over a decade, the crypto market has presented a slew of issues for crypto investors, including trust, accessibility, efficiency, and management. Are you aware that many cryptocurrency investors lack the resources necessary to conduct thorough research on digital assets?

In fact, a small number of potential and existing investors find it difficult to assess the trustworthiness and credibility of tokens or altcoins, let alone devise profit-generating strategies. Synthesis Bank, a crypto investment service based on ethereum smart contracts, has emerged to provide innovative solutions to existing investment challenges.

The Synthesis Bank offers a variety of services

Synthesis Bank, one of the leading blockchain-based investment banks, aims to solve these traditional challenges with a smart investment service coded in a smart contract. STB was founded in 2020 by Alejandro Estrada with the goal of providing clients with a blockchain-based investment channel for digital assets and other new alternative financial products. Estrada has 12 years of experience working in the FX and financial markets for both retail and institutional clients.

Investors can now simply deposit their cryptocurrency holdings in the Synthesis Bank, and the bank’s experienced team will professionally trade their capital among various assets in order to maximise returns while preserving capital. The goal of Synthesis Bank is to eliminate the setup and operational costs imposed by middlemen in traditional funds while improving transparency and liquidity for investors.

Synthesis Bank, dubbed the world’s first cryptocurrency tokenized investment bank, manages clients’ funds on its platform using cutting-edge techniques such as dynamic positions, strategies, and market-making. Regardless, the service uses decentralised finance to boost client returns by investing in algorithm trading, liquidity mining, and crypto market arbitrage opportunities.

Synthesis Bank is a game-changing project for a variety of reasons

Synthesis Bank is transparent, agile, and above all, focused on crystallising ongoing dividends and capital growth for token holders, according to CEO/Founder Alejandro Estrada. We are excited to help our token holders achieve growth and success.

Synthesis Bank has created a seamless platform for retail and institutional grade investors to participate in solid backed tokens and currencies through a single channel, in light of the rapid growth and market adoption of cryptocurrencies. Users of Synthesis Bank can take advantage of the platform’s many features, including capital appreciation for assets under management and monthly dividends based on the performance of realised investments over time. The smart investment service is developing a tradeable digital ERC20 token that represents a virtual share of Synthesis Bank, complete with a smart contract that ensures token holders are rewarded on a monthly basis for their continued investment in Synthesis Bank Token (STB).

According to a statement on the company’s website, 50% of the total realised profit will be credited back to the token holder in USDT every month. The remaining profits will be redirected to Synthesis coffers, which will be used to expand the bank’s assets under management (AUM) and fund ongoing operations.

Finally, as the financial world embraces blockchain-powered investment banks, more investors will be able to invest their funds faster with better returns, reduce middleman fees, and benefit from secure and transparent investment models.

Steve Anderrson

Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.