Julius Baer, a Swiss private bank, announced new offers in the area of digital assets. The new services will work in partnership with the SEBA Crypto AG blockchain-startup.
On February 26, Julius Baer published messages that it would soon provide its clients with new payment services in crypto. In addition, the Board of Directors of SEBA is scheduled to take place on March 20, at which the issue of merger or cooperation with Julius Baer will be resolved.
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Julius Baer and SEBA partnership
According to representatives of the bank, the new service will include custodial, transactional and investment services in the field of digital assets. In the opinion of management, the collaboration "will be able to combine two popular branches" of finance.
"Combined with SEBA Crypto AG (SEBA) equity investments, we are pleased to announce technical cooperation with SEBA to provide our customers with access to a range of new digital asset services." – from the official site juliusbaer.com
Julius Baer will partner with a SEBA startup to take advantage of their innovative platform and capabilities. The main goal of the collaboration is to provide Julius Baer customers with advanced digital asset solutions to meet growing demand. The partnership will enter into force upon granting a license to SEBA by the Swiss Financial Market Supervisory Authority (FINMA).
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The Swiss bank will offer crypto-services to its customers. Recall that today the bank manages assets in the amount of more than $ 382 billion.
Editor: Godfrid Brower