Bordier & Cie announced a partnership with digital asset bank Sygnum to allow its customers to purchase cryptocurrency
According to a press release from the company, the Swiss financial institution with more than 170 years of operation, Bordier & Cie, announced a partnership with digital asset bank Sygnum, allowing its customers to buy cryptocurrency.
One of Switzerland’s leading banks now offers cryptocurrency trading
Bordier & Cie is a Geneva-based private bank, founded in 1884, owned and managed by the Bordier family for five generations. The birth of the bank for crypto follows many other major institutions looking to adopt cryptocurrencies in 2021.
Integration with Sygnum’s enterprise-to-business banking platform allows Bordier’s customers to purchase Bitcoin, Ethereum, Bitcoin Cash, and Tezos (XTZ).
The notice states:
“The move as laying the foundation for a broader offering of regulated digital asset products and services.”
Bordier’s managing partner, Evrard Bordier said:
“By partnering with Sygnum Bank, we are providing our clients with a one-stop, integrated solution while empowering them to invest in this new, high growth asset class with complete trust.”
Bordier noted that the move was driven by growing demand from customers wanting to diversify their portfolios with new assets. The company emphasizes the lack of correlation between cryptocurrencies and mainstream financial markets, describing crypto assets as a powerful tool to enhance diversification and achieve a regulated dominant profit. follow the risk.
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