Private Swiss Bank NPB Launches Digital Asset Trading, Custody Services

Clients will be able to trade crypto assets and use a custody service based in Switzerland.

Mar 9, 2021 at 1:59 p.m. UTC
Updated Sep 14, 2021 at 12:23 p.m. UTC

Zurich-based private bank NPB Neue Privat Bank AG (NPB) is bringing digital asset banking services to clients though a partnership with InCore Bank AG.

  • According to the announcement Tuesday, NPB’s customers will be able to trade "major" cryptocurrencies with access to Switzerland-based asset custody.
  • "Digital assets increasingly represent a supplement to traditional asset classes and we are seeing strong demand from both private and institutional clients,” said Markus Ruffner, co-founder and CEO of NPB.
  • The boutique bank's offering comes via an integration with InCore Bank's digital asset layer, which provides an interface between the Finnova banking system and the digital assets space.

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