Swiss Private Bank Bordier & Cie Launches Crypto Trading for Clients

Bordier & Cie clients will be able to buy, hold and trade digital assets such as bitcoin, ethereum, bitcoin cash and tezos.

AccessTimeIconFeb 24, 2021 at 10:50 a.m. UTC
Updated May 9, 2023 at 3:16 a.m. UTC

Bordier & Cie, a private Swiss bank founded back in 1844, has started offering cryptocurrency services to clients.

  • Announced Wednesday, Bordier & Cie clients will be able to buy, hold and trade cryptocurrencies including bitcoin, ethereum, bitcoin cash and tezos.
  • The new offering comes via an integration with Sygnum’s B2B digital assets banking platform, which was said to be completed in less than 60 days.
  • “We have seen increasing demand from our clients to diversify into alternative asset classes such as digital assets,” said Evrard Bordier, managing partner at Geneva-based Bordier & Cie.
  • The digital assets firm will be responsible for custody of private keys for the cryptocurrencies, as well as choice of liquidity providers, anti-money laundering procedures and transaction monitoring.
  • Sygnum's Swiss arm holds a banking license in the country, while its Singapore entity holds a capital markets services license.
  • Market Maker KeyRock Secures Swiss Anti-Money Laundering Clearance
    00:34
    Market Maker KeyRock Secures Swiss Anti-Money Laundering Clearance
  • Ripple Exec on CBDC Platform, Metaco Acquisition
    13:02
    Ripple Exec on CBDC Platform, Metaco Acquisition
  • Swiss Regulator: Switzerland Faced a Bank Run if Credit Suisse Was Allowed to Go Bankrupt
    07:51
    Swiss Regulator: Switzerland Faced a Bank Run if Credit Suisse Was Allowed to Go Bankrupt
  • How Credit Suisse Developments are Impacting the Crypto Market
    02:13
    How Credit Suisse Developments are Impacting the Crypto Market
  • Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.