Falcon Private Bank was the first Swiss private bank to enter the cryptocurrency asset management market with Bitcoin (Bitcoin), now it is going to expand its cryptocurrency support adding three new blockchain assets will begin supporting — ether, litecoin (LTC/USD) and Bitcoin cash (Bitcoin.Cash), CoinJournal reports.
Bank’s clients will be provided with broader blockchain asset management services and greater possibilities for diversification on August 22, 2017.
They will also be provided with easy access and convenient offline storage of those assets within the bank. These new features will be supported by its partner Bitcoin Suisse, a regulated Swiss financial intermediary.
“Bitcoin Suisse is proud to continue to support Falcon Private Banks product offering in the field of crypto-assets,” CEO of Bitcoin Suisse Niklas Nikolajsen said. “Falcon Private Bank was the first bank to offer Bitcoin directly to its clients, and thus created history. Their decision to follow up by adding Ether as well as other crypto-assets has made them the go-to private bank for crypto-asset holders and investors,” he added.
True, Falcon Private Bank became the first Swiss private bank to enter the cryptocurrency asset management market with Bitcoin last month. It even installed a Bitcoin ATM in its headquarters in Zurich.