2 years ago
Ian Allison is an award-winning elder newsman astatine CoinDesk. He holds ETH.
LGT Bank, the fiscal instauration owned by the princely House of Liechtenstein and portion of the largest family-owned banking radical successful the world, is offering cryptocurrency custody and brokerage services to backstage clients, starting successful Switzerland and Liechtenstein.
Swiss-regulated integer plus services supplier SEBA Bank volition supply the crypto services to LGT’s backstage banking and plus absorption group, which holds implicit CHF 280 cardinal ($288 billion) successful assets nether management.
Responding to increasing request among its affluent clientele, LGT volition initially connection concern services for bitcoin (BTC) and ether (ETH). The slope is successful discussions to adhd much coins arsenic good arsenic staking and yield earning possibilities, according to Mathias Schütz, SEBA’s caput of lawsuit and tech solutions.
“LGT is starting with their booking halfway successful Liechtenstein for clients that are located successful Liechtenstein and Switzerland,” Schütz said successful an interview. “This volition spot further enlargement implicit the adjacent mates of months.”
In summation to Switzerland, SEBA Bank is progressive successful Singapore, wherever LGT besides has a booking halfway and a important footprint, having acquired ABN AMRO Asia’s backstage banking operations successful Asia and the Middle East successful 2016.
“LGT is besides seeing request from narration managers to grow the offering to Singapore and different locations,” said Schütz. “For instance, they person a typical bureau successful the UAE, successful Dubai. So they besides privation to bring those locations into the play.”
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Ian Allison is an award-winning elder newsman astatine CoinDesk. He holds ETH.
Ian Allison is an award-winning elder newsman astatine CoinDesk. He holds ETH.
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