Mission Bank Launches Tokenization Competent and Bank Assured Crypto Asset Platform with MissionTech

Mission Bank has implemented Turkey’s first tokenization-capable and bank-assured crypto asset platform with its subsidiary, MvizyonTech, operating in the crypto field. All crypto buying, selling and production transactions on the platform will be carried out in cooperation with global crypto giant Avalanche.

Avalanche, a high-performance blockchain network built for scaling, has once again demonstrated Mission Bank’s trust in digital asset technologies with its collaboration on the crypto platform. In recent months, Mission Bank’s first pilot project for the tokenization of Turkish Eurobonds was also realized on the Avalanche blockchain network.

Avalanche, one of the most trusted networks by global crypto investors; The mission ensures that the crypto platform stands out with its speed, security and advantageous transaction costs.

“We Save New Institutions at Least 1.5 Years”

Mission Bank General Manager Dr. Önder Halisdemir said, “This step, which is the product of the capacity we have developed in the field of tokenization and crypto assets in the last 2 years, supports our goals of making our country a center of attraction for international investors and becoming the technology center of the region in the field of digital assets. We can offer a ready-made infrastructure that will save at least 1.5 years for country and regional institutions that want to move forward in this field. “We aim to make our country, which is the world’s 3rd largest crypto market by transaction volume, the regional leader in the field of digital assets.” he said.

Regarding the storage infrastructure of the crypto platform, Halisdemir said, “We localized the Swiss technology, which is also preferred by the global investment bank State Street, which manages assets worth 40 trillion dollars, and strengthened it with expert teams through 1773 ITU Teknopark Technology Transfer Office (TTO). “Our platform-integrated storage technology is unique and unique in the region.” he said.

“Türkiye is Ready to Become the Center of Regional Attention”

Ava Labs Founding CEO Dr. Emin Gün Sirer said, “Turkey has the potential to meet the interest in crypto assets on a regional scale with its rapidly developing ecosystem in digital asset technologies, strategic location and qualified workforce. “Mission Bank is a strong partner of our goal of expanding into the regional ecosystem.” He made a statement.

What Can Be Done on the Platform?

In addition to crypto assets common around the world, tokens produced in Turkey can be easily bought and sold through the platform. Investors will be able to carry out buying and selling transactions from their TL accounts at any bank or by connecting directly to their crypto wallets. Crypto assets in investors’ wallets are listed in the list published by the CMB as “Custody Crypto Service”. It will be securely protected on the systems of Mission Bank, which is located in Turkey as the “Provider”. Institutions will be able to produce tokens with the features they determine within the framework of the permissions and regulations of the Capital Markets Board (CMB) on the platform and offer them to the market.

About Mission Bank

Mission Bank, Turkey’s first Neobank, is advancing with the aim of becoming the leading investment bank in the region by focusing on custody, platform, service banking and digital asset services to meet the needs of the new economy.

Within the scope of Custody Banking services; Having Turkey’s largest custody ecosystem, from securities to digital assets, Mission Bank has localized and strengthened the Swiss custody technology preferred by the world’s leading banks, in cooperation with 1773 ITU Teknopark Technology Transfer Office (TTO).

The Mission offers its securities custody service menu to the capital markets under the brand ‘anakasa’; has completed the preparation processes for the digital asset storage and platform, and has taken its place in the Crypto Asset Service Providers List of the Capital Markets Board, together with its subsidiary MsyonTech.

About Avalanche Blockchain Network (AVAX)

Avalanche is a high-performance blockchain platform that prioritizes scalability. Built with a revolutionary three-layer Layer 1 (L1) architecture, Avalanche is powered by the Avalanche Consensus Mechanism, which provides near-instant certainty for transactions. The platform also offers an open-source Layer 0 (L0) framework, enabling the seamless creation of high-throughput, inter-integratable Layer 1 blockchains.

Combining speed, low cost and flexibility to build the next generation of decentralized applications (dApps), Avalanche is the choice of innovations that push the boundaries of blockchain technology.