Current Date:February 23, 2025

Crypto Move from Swiss-based Bank

One of Switzerland’s largest retail banks PostFinanceto its customers crypto servicein order to present Collaborated with Sygnum.

The proliferation of cryptocurrencies and increasing adoption rates have also started to attract traditional finance actors to this area. Crypto and blockchain moves keep coming from many banking companies. Finally, SwitzerlandShown as one of the largest retail banks in PostFinance, in order to provide crypto service within the regulations announced that it will act in partnership with Sygnum.

Swiss Bank PostFinance To Offer Crypto Service To Its Clients

Switzerlandbased retail bank PostFinancecryptocurrency bank As a result of its cooperation with Sygnumto its customers is preparing to offer crypto currency trading and custody services.

According to the announcement made by the companies today, PostFinance has stepped in to offer its clients a range of regulated digital asset services. This collaboration will allow PostFinance customers to buy and hold Bitcoin (BTC) and many major cryptocurrencies.

crypto bank sygnumstands out with offering banks the opportunity to enter the digital product market. The B2B network supported by Sygnum includes more than 15 partner banks.

Sharing his views on the subject PostFinancechief investment officer Philipp Merktstated that the company’s entry into the crypto space was due to incoming requests. merkt, “ Digital assets have become an integral part of the financial world and our clients want to access this market at their trusted parent bank, PostFinance.”said.

Founded in 1906 PostFinanceserves as the banking arm of Swiss Post, Switzerland’s national postal service.

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