World’s Largest Family-Owned Private Bank Now Offers Crypto Investments via SEBA Bank

On Wednesday, the world’s largest family-owned banking institution, LGT Bank, announced that it has selected SEBA Bank successful bid to supply cryptocurrency custody and brokerage services to clients. LGT volition commencement by offering investments successful bitcoin and ethereum and the bank’s customers tin incorporated the integer assets into their existing LGT Bank-managed portfolios.

LGT Bank Adds Crypto Services by Partnering With the FINMA Licensed SEBA Bank

The largest family-owned backstage banking and plus absorption steadfast LGT Group has revealed the genitor company’s banking instauration volition present connection crypto concern opportunities. LGT Group is implicit 100 years aged and the fiscal instauration is owned by the princely House of Liechtenstein.

On May 4, SEBA Bank, a FINMA licensed integer assets banking platform, revealed that LGT Bank has chosen SEBA arsenic a cryptocurrency partner. LGT volition leverage SEBA’s regulated crypto level and custody services truthful the bank’s clientele tin put successful crypto assets. Roland Matt, the CEO of LGT Bank, Liechtenstein, elaborate that LGT has seen accrued request for crypto products from customers.

“The request for cryptocurrencies has besides accrued among our clients successful caller years,” the LGT CEO said successful a connection connected Wednesday. “We are precise pleased that we tin present connection our lawsuit casual entree to these plus class. When processing our caller offering, we paid peculiar attraction to information portion focusing connected clear, reliable processes and procedures.”

The enforcement of the household owned backstage slope added:

They are cardinal for dealing with this dynamic and inactive rather young plus class. Thanks to our practice with SEBA Bank, our clients’ integer assets are held successful the custody of a nonrecreational and certified supplier with extended acquisition successful this area.

LGT to Initially Offer Bitcoin and Ethereum Investments

LGT and its clients volition leverage “SEBA Bank’s ISAE 3402 certified blistery and acold retention custody solutions” and the slope volition initially let investments successful bitcoin (BTC) and ethereum (ETH). At first, the crypto concern accidental volition beryllium disposable to “selected lawsuit groups” chosen by LGT.

The slope further notes that customers funny successful the crypto services indispensable reside successful Liechtenstein oregon Switzerland. Franz Bergmüller, the CEO of SEBA Bank, explained connected Wednesday that SEBA looks guardant to moving with LGT Bank.

“The scope of services combined with the highest information standards makes SEBA Bank’s work offering unsocial and we are precise pleased to beryllium capable to enactment LGT with our expertise successful expanding its services astir integer assets,” Bergmüller said during the announcement.

What bash you deliberation astir LGT Bank offering crypto services via SEBA Bank? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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