Tezos News

Tezos & SEBA Bank Collaboration Approved By Banque De France To Test CBDC For Interbank Settlements

A collaboration of the SEBA Bank AG and the Tezos Foundation to test the integration of a CBDC for interbank settlements was one of 8 successful projects chosen by the Banque De France announced on the 20th of July. Many people had speculated whether Tezos was involved with at least one of the eight projects.

One link involved NeoFacto, partners with Tezos core development team Nomadic Labs and also partners to successful CBDC project applicants Société Générale Forge.

However, it seems that the Tezos Foundation has collaborated with SEBA Bank AG based in the Crypto Valley in the same cryptocurrency-friendly region where the Tezos Foundation is based.

A post on LinkedIn from CV Labs a Swiss incubator also based in the Crypto Valley who have relationships with both the Tezos Foundation and SEBA Bank AG appeared to congratulate both Société Générale and SEBA Bank on the project whilst also tagging several prominent Tezos Foundation figures and also displaying the Tezos logo in the visual image.

A reaction to one of the comments also shed light on the collaboration, as we can see SEBA Bank liking a post from Ralf Glabischnig the managing director of Inacta (partners in the TZBTC tokenized Bitcoin on Tezos project) congratulating both the Tezos Foundation and SEBA on the project:

SEBA Bank AG liking a post congratulating both them and the Tezos Foundation on the project.

It is not yet known whether Tezos is involved with any of the other eight projects, however, as mentioned there are links.

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