BeInCrypto’s comprehensive Europe Crypto Roundup covers the latest news and trends shaping the continent’s crypto landscape. With reporters across key markets like Germany, France, and the UK, we provide in-depth insights into regulatory environment, adoption rates, and major industry events.

This week’s roundup highlights Bank Pekao’s partnership with Aleph Zero, Boerse Stuttgart Group’s blockchain-based securities transaction test with the ECB, and other top stories.

Poland’s Bank Pekao Partners with Aleph Zero to Tokenize Historic Artworks

Poland’s second-largest bank, Pekao S.A., has partnered with the Aleph Zero to tokenize some of the country’s most renowned artworks. In collaboration with Degen House, the trio has launched Archiv3, an initiative aimed at safeguarding Poland’s cultural heritage. The Arctic World Archive (AWA), often called the “Doomsday Library,” will securely store digital reproductions of the artworks.

Archiv3 marks an important step, making Bank Pekao the first universal bank to tokenize historical art for preservation. This follows the earlier “Unique” project and highlights its commitment to blending blockchain with traditional banking. Bank Pekao cited Aleph Zero’s speed, security, and eco-friendly approach as key reasons for choosing the blockchain.

“We have chosen Aleph Zero for their privacy-focused, top-class technology combined with sound experience in cooperation with large institutions. Minimal carbon footprint as well as low storage costs were also important factors in our decision-making process. Tokenization of art requires modern and flexible technology, unforced creativity and some out-of-the-box thinking; these features we were happy to find in co-operation with Aleph Zero,” Michał Walęczak, Director of the Private Banking Strategy and Development Department at Bank Pekao S.A., said.

Read more: What is Tokenization on Blockchain?

The project focuses on di

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Author: Daria Krasnova