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.”

Related Articles

Financial professionals struggle to find time to combat stress

Financial Services Financial professionals struggle to find time to combat stress

10m The Global Treasurer
The Treasury Challenge of a Post-Merger Integration

EEA The Treasury Challenge of a Post-Merger Integration

1y BELLIN
PSD2: dull name, but seismic effect

Clearing & Settlement PSD2: dull name, but seismic effect

1y Alex Kwiatkowski
2017's most read: Correspondent banking: still in rude health?

Bank Relationships 2017's most read: Correspondent banking: still in rude health?

1y Henry Balani
2017's most read: The future of cash management: the single multi-currency virtual account

Accounts Payable 2017's most read: The future of cash management: the single multi-currency virtual account

1y Matthew Fuellhart
2017's most read: Open API: unlocking innovative new services in banking

Automation 2017's most read: Open API: unlocking innovative new services in banking

2y Lu Zurawski
Many bank roles to be automated but 98% positive about robotics at work

Automation Many bank roles to be automated but 98% positive about robotics at work

2y Victoria Beckett
The future of banking: it’s all about sharing

Automation The future of banking: it’s all about sharing

2y Edward Berks

Whitepapers & Resources

Sanction Screening: The risk for companies is real

Payments Sanction Screening: The risk for companies is real

3w
Enhancing your strategic position: Digitalization in Treasury

Payments Enhancing your strategic position: Digitalization in Treasury

1m
Are You Ready to Implement your GRC Solution?

Are You Ready to Implement your GRC Solution?

2m
Netting: An Immersive Guide to Global Reconciliation

Netting: An Immersive Guide to Global Reconciliation

4m