UBS to Launch Live Ethereum Platform with Barclays, Credit Suisse and More

www.coindesk.com

UBS and other affiliated banks in the UK have announced a live pilot based on Ethereum, following their previous work on the Utility Settlement Coin. This news coincided with a sharp rise in the price of Ether, which would suggest that investors view this announcement as the first of many for how Ethereum will be used in production by large, well-respected financial players.

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