UBS CEO maps out direct crypto access and multi‑year tokenization rollout after 53% profit jump in FY25

On a Wednesday earnings call covering FY25, UBS CEO Sergio Ermotti said the bank is preparing to give private banking clients direct access to crypto while expanding a "fast follower" tokenization strategy over three to five years. UBS reported full-year net profit of $7.8 billion, up 53%, with invested assets crossing $7 trillion, and is building infrastructure for both individual crypto access and tokenized deposit solutions for corporate clients.