Vontobel, Major Private Swiss Bank, offers institutional clients encrypted custody

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According to the official press release published on January 14, 2018, Switzerland's main private investment bank, Vontobel, has promoted a cryptocurrency maintaining a direct response to asset managers and banks.

According to the company's database in 2017, the Vontobel bank in Zurich is the third largest provider of money-keeping services in Switzerland, with CHF 110.3 billion in assets under its strong asset management tool. With the launch of the new digital asset solution called Digital Asset Vault, the private bank authorizes it to be the nation's first bank to meet the standards required by both financial intermediaries and industry regulators. The new instrument will allow asset managers and banks to allow their clients a number of cryptocurrency-related services, such as purchases of digital assets, storage and transfers.

Not surprisingly, a Swiss bank has recently decided to develop the first company in the country to provide corporate accounts to cryptocurrency companies. Swiss banks have always been known for their customer alignment, which was mostly linked to privacy and privacy when it came to their clients' accounts. Today, as more and more Swiss are attentive in the world of cryptocurrency investors and as startup creators, both banking products can be modified.

The investment market is emerging in its proposals by counting the trading of cryptocurrency goods among the products accessible to their customers. Swissquote, a major bank in the country, currently offers its customers a wide range of services for cryptocurrency trading, as confirmed by Marc Bürki, the company's CEO:

"Cryptocurrencies are increasingly popular, faster than anyone expected, and by offering them on our platform, investing in cryptocurrencies becomes easier, safer and more accessible to everyone."
Vontobel was the first company to launch a bitcoin investment product in Switzerland in July 2016 and in Germany in November 2016 and Bitcoin was the second best-selling tool for revenue and in Germany.

About Vontobel Investment Banking:

Vontobel Asset Banking creates special explanations on investments for institutional and private clients. It follows a customer-centric digital business model, achieves judicious hazards and creates compelling supply packages to drive its customers forward. The company sincerely emphasizes the needs of its customers. He uses his ability to anticipate stoppages of the trend, dangers and occasions, to improve them positively. The company makes clear decisions and acts with determination and is proud of its specialized offering, which includes related products, business banking, corporate finance, brokerage, as well as solutions for consultants for external investments. and digital platforms.

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