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March 9, 2019

Swissquote, the Switzerland-based online banking service may launch its own crypto-focused custody service in March, Chepicap cites the firm’s business report.

In order to implement crypto-related services, Swissquote will build solutions on services provided by Crypto Storage AG, a Swiss fintech company. The service will allow the bank’s clients to transfer crypto-related assets from digital wallets to the bank’s account and vice versa.

Moreover, Chepicap highlights Swissquote’s official website reports about the development of hardware security modules to manage crypto private keys.

Earlier, Swissquote became the first bank in the world that allows its clients an option to participate in the ICO.

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