Swiss-Based Crypto Bank SEBA Offers Custody for 'Blue Chip' NFTs

SEBA is extending its digital asset custody services to NFTs such as Bored Apes and CryptoPunks.

AccessTimeIconOct 26, 2022 at 7:21 a.m. UTC
Updated May 9, 2023 at 4:00 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Crypto bank SEBA has extended its digital asset custody services to blue chip, or premium, non-fungible tokens (NFT) including Bored Apes and CryptoPunks.

The Zug, Switzerland-based bank is aiming to provide its customers with a secure service for storing any Ethereum-based NFTs without having to manage their private keys themselves.

Some of the most expensive NFTs, such as those in the CryptoPunk and Bored Ape collections, have often fetched seven-figure sums, with celebrities including Justin Bieber, Madonna and Eminem among the most noteworthy buyers.

While the market has naturally cooled of late, reflecting the conditions in the broader crypto market, NFTs can still command prices upwards of $100,000.

A custody service for institutional investors in the digital asset industry would be a natural move for a firm like SEBA Bank.

Founded in 2018, SEBA began life as a crypto banking service before expanding into offering crypto trading and custody for institutional investors. In 2019, it became the first digital asset company to receive a license from the Swiss Financial Market Supervisory Authority (FINMA) to offer banking and securities and services.


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

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by; both groups 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, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.

Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.

Read more about