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