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March 27, 2019

Switzerland-based financial institution Hypothekarbank Lenzburg AG has entered into a partnership with crypto-focused startup TokenSuisse in order to "expand its position in the area."

Hypothekarbank Lenzburg AG is a bank that was founded in 1868 and since then has been providing various banking services and products to private, corporate, and investor clients.

Thus, the bank plans to shorten the gap between the old and the new world of finance.

TokenSuisse is a Swiss crypto-focused startup that provides IT solutions for investments in blockchain technologies and digital assets.

Earlier in February, a Switzerland-based online banking service, Dukascopy Bank SA announced its own cryptocurrency Dukascoin (DUK+).

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