Swiss Bank Julius Baer to Offer Digital Asset Services
Swiss private bank Julius Baer has partnered with a cryptocurrency banking startup to offer digital asset services later in 2019.
Announcing the news on Tuesday, Julius Baer said it has partnered with SEBA Crypto AG and will utilize the platform to offer storage, transaction and investment solutions for digital assets to meet growing demand from its clients.
The arrangement will come into effect once SEBA receives a banking and securities dealer license from the country’s financial regulator, the Financial Market Supervisory Authority (FINMA).