According to CoinDesk, regulatory documents show that Credit Suisse held a total of 31 million Swiss francs (about 32 million U.S. dollars) in "digital assets" for its clients at the end of the second quarter, but did not specify what digital assets it was. The so-called “digital assets” should be tokenized securities rather than cryptocurrencies, according to people familiar with the matter. In addition, Credit Suisse also stated in its second-quarter financial report that it will follow the "SAB 121" accounting standard, which stipulates the rules for companies that hold encrypted assets for customers to report them as assets and liabilities on their balance sheets.