The regulated digital asset bank Sygnum has added XRP support on its platform for custodial, trading and credit services. The latest development allows customers to use standard currencies, such as CHF, SGD, USD and EUR to invest and safely trade XRP on the Sygnum Bank platform. Customers can purchase XRP using ETH and BTC.
These three digital currencies added to the banking investment platform are among the most commonly used cryptocurrencies and represent about 80% of the total market capitalization of the entire crypto industry.
The head of the custodial department at the Sygnum Bank, Simon WÄLCHLI, said that XRP support is the bank's desire to provide customers with enhanced financial opportunities. Such a step allows customers to expand and diversify their crypto portfolios.
Image courtesy of Sygnum