Bison Bank intends to launch blockchain and Web3-related investment funds, the bank’s CEO, Antonio Henriques, said in remarks to reporters within the scope of launching crypto subsidiary Bison Digital Assets.
“We’re very good at custodial banking, something we want to quickly transfer to the virtual asset ecosystem, so I’m personally committed to making that happen very quickly,” admitted Antonio Henriques.
However, despite wanting to release this money “as early as tomorrow,” the principal explains that “there is still no ‘deadline’.”
Antonio Henriques added, “I don’t have a ‘deadline’. I’m working on some projects to achieve this goal.”
During the launch of Bison Digital Assets, which was registered with BdP in April, Antonio Henriques began defining the main lines of business, focusing on working with investment funds.
“We have the first line, which is depository banking,” which involves working with approximately “60 funds and 30 administrative entities.”
“Then we have investment banks, where we are investment channels. Some are dying and some are being born and we want to be in that cycle, when one dies, we sell assets to another fund,” explained Antonio Henriques.
The current CEO of Bison Bank also acknowledged the bank’s ambition to enter the world of decentralized finance (in short, DeFi) and NFT custody, but stressed that it is “not for tomorrow” and that there is still “a way to go”.
After the departure of 14 people, the restructuring was closed
When interviewed by Negócios, in April last year, Antonio Henriques explained that at that time a “reassessment of all possibilities of preparing Bison Bank for its future” was taking place, after he recognized the potential of HR.
“All scenarios are on the table because that’s how diagnoses are made, that’s how reassessments are done and that’s how the best-case scenarios are put together,” said the then-VP of Bison Bank.
Later, Echo reported that 14 people had been fired from the bank as part of this operation.
This Wednesday, on the sidelines of the launch of Bison Digital Assets, António Henriques confirmed the figure and submitted that the restructuring process is closed and therefore no further iterations are expected.
“In a completely transparent way, we have activated the transformation and restructuring plan that was agreed upon last year, it was closed and now with our implementation project, we have no [despedir mais pessoal]Finished the current CEO of Bison Bank.