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Swiss Bank Launches Cryptocurrency Trading Service

25 February 2021 16:30, UTC
Swiss Bank Launches Cryptocurrency Trading Service
By Anna Martynova

Bordier&Cie, a privately owned Swiss bank founded in 1844, offers its clients the ability to buy, sell and store BTC, ETH, BCH and XTZ. In the future, the company plans to expand the number of offered crypto assets. According to the bank's management, the company sees a growing demand from customers to buy cryptocurrencies and diversify investment portfolios using digital assets.

To enable cryptocurrency trading, Bordier&Cie has partnered with Sygnum Bank. Sygnum's B2B Banking solution has been integrated into Bordier&Cie's back-end infrastructure through a partnership.

The banking platform will also ensure that the bank adheres to anti-money laundering and transaction monitoring procedures. Mathias IMBACH, CEO of the Sygnum group, noted that Bordier&Cie continues its 177-year tradition of safeguarding clients’ wealth for future generations by offering the ‘next generation’ of assets to its clients.

Image: Blockchain News



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