SEBA Bank, a fully integrated and FINMA-licensed digital asset banking platform, today announced that it has partnered with LGT Bank, an international financial services provider focused on private banking and asset management. assets, to provide digital asset custodial and brokerage services.
LGT Bank is part of the LGT Group, one of the leading international private banking and asset management groups with more than CHF 280 billion in assets under management. LGT Bank leverages SEBA Bank’s fully regulated banking platform and institutional-grade digital asset custody capabilities to launch digital asset custody and trading services for its clients.
LGT Bank will initially offer investment services for Bitcoin (BTC) and Ethereum (ETH). Digital asset investment services will be fully integrated with traditional assets, allowing clients to seamlessly integrate crypto into their existing portfolio.
Franz Bergmüller, CEO of SEBA Bank, said: “As a FINMA-licensed and regulated Swiss bank with core competence in cryptocurrencies and digital assets, we enable banks and their customers to manage assets traditional and digital in complete safety. We have the know-how, established processes and above all an ISAE 3402-certified custody solution established by independent organizations. The range of services combined with the highest security standards makes SEBA Bank’s service offering unique and we are very pleased to be able to support LGT with our expertise in expanding its services around digital assets.”
A highly successful and trusted counterparty in the digital asset industry, SEBA Bank supports a range of investment services including: trading in over 14 cryptocurrencies, a comprehensive crypto yield offering, SEBA Earn and the SEBA Gold Token, an innovative digital token backed by physical Swiss gold. SEBA Bank’s ISAE 3402 certified hot and cold storage solutions will enable LGT and its customers to benefit from the highest security standards for the safekeeping of their digital assets and private keys.
“The demand for cryptocurrencies has also increased among our customers in recent years”, says Roland Matt, CEO of LGT Bank, Liechtenstein, “we are very pleased to now be able to offer our customers easy access to this asset class. When developing our new offering, we paid close attention to security while focusing on clear and reliable processes and procedures, which are key to dealing with this dynamic and still quite young asset class. our cooperation with SEBA Bank, our customers’ digital assets are kept from a professional and certified provider with extensive experience in this field”.
LGT Bank’s digital asset investment solutions will initially be available to certain customer groups of LGT Bank, Liechtenstein. Clients must be domiciled in Liechtenstein or Switzerland and be classified as professional clients or be managed by an external wealth manager to access the services.