St. Galler Kantonalbank, one in every of Switzerland’s largest cantonal banks, has teamed up with SEBA Financial institution to supply digital asset custody and brokerage companies for choose purchasers. The financial institution will begin by providing buying and selling and custody companies for bitcoin and ether, with plans to increase its choices to different cryptocurrencies based mostly on consumer demand. The partnership will assist SGKB purchasers combine cryptocurrencies into their present funding portfolios. SEBA Financial institution, which holds a banking license from Switzerland’s FINMA regulator, gives digital asset companies for different banking establishments, together with non-public and retail banks like LGT Financial institution Liechtenstein and Julius Baer Financial institution.
