Industry SectorsFinancial ServicesFalcon Private Bank expands virtual currency services

Falcon Private Bank expands virtual currency services

The Swiss bank, which offers bitcoin blockchain asset management services, is adding support for ether, litecoin and bitcoin cash.

Switzerland’s Falcon Private Bank, which already offers bitcoin blockchain asset management services, is partnering with Bitcoin Suisse AG to enable customers to also buy, hold and sell ether (ETH), litecoin (LTC) and bitcoin cash (BCH).

“We are pleased to add ether, litecoin and bitcoin cash to our services just a month after introducing blockchain asset management solutions with bitcoin,” said Arthur Vayloyan, the bank’s global head of products and services. “The first reactions to our Bitcoin services have been very encouraging and we are convinced that by adding three new blockchain assets we will fulfil our clients’ future needs.

The bank’s move into the virtual currency market is aimed at offering “high net worth (HNW) and institutional clients direct exposure to what is now a whole range of the top market cap crypto-assets, besides bitcoin.”

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