Finoa and T-Systems: Enabling Blockchain infrastructure services

Today, we are announcing that Finoa and T-Systems Multimedia Solutions (MMS) cooperate on custody, settlement and security infrastructure of crypto-assets.

T-Systems Multimedia Solutions GmbH, the globally renowned IT-infrastructure provider and a 100% subsidiary of T-Systems International GmbH and part of the German DAX-30 telecommunication enterprise Deutsche Telekom AG, recently entered into the Blockchain Node- and Staking-as-a-Service business, providing infrastructure services for decentralized networks. This provides the token holders in these protocols with the ability to actively participate in these networks as well as exposure to various generalized mining opportunities in areas like Decentralized Finance.

“Being a corporate, dealing with novel blockchain-based business models utilizing digital assets has been a structural challenge for us. With Finoa’s support as a regulated crypto-asset custodian and Bankhaus Scheich as a broker, our team managed to securely store and trade digital assets in a compliant way, allowing us to bridge the fiat and the digital asset universe. We see this partnership with Finoa and synergies when it comes to professional and secure IT Infrastructure services in areas such as staking and generalized mining as an important step in professionalizing digital asset industry.” — Dr. Andreas Dittrich, Head of Blockchain Solutions Center at T-Systems Multimedia Solutions

Both parties currently work on the expansion of their individual services to additional Blockchain protocols, indicating an intensification of the collaboration and the provided services to Finoa’s and T-Systems’ customers over the next months.

We are incredibly excited to welcome such a renowned high-tech player as T-Systems to our customer and partner base — for Finoa the partnership is a vital step towards strengthening our leading European positioning. Adding one of the world’s most trusted corporations into our network, the joint offering is bringing direct benefits to our users. In general, actively observing T-Systems entering into the Blockchain network ecosystem is a very bullish signal for the overall market. Andreas and his team here are the pioneers of mainstream adoption of decentralized networks amongst global corporations” — Finoa Co-Founder & Co-CEO Christopher May

About Finoa

Your Key to Digital Asset Banking — Finoa provides custody and asset-servicing solutions for Digital Assets, customized to professional investors. The custody platform enables its users to securely store and manage their cryptographic tokens, while providing a directly accessible, highly intuitive and unique user-experience. Finoa was founded in 2018, is based in Berlin, is granted a crypto-asset custody license approval as qualified custodian (§64y Para. 1 KWG) and will be supervised by the German Federal Financial Supervisory Authority (BaFin).

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