SEBA clients can open a bank account with a focus on digital assets

An internal source from SEBA Bank informed UNLOCK that customers can now open an account with a special focus on digitial assets. The Swiss bank has a license from  Swiss Financial Market Supervisory Authority (FINMA).

The bank offers services to blokchain companies in Switzerland, closing a gap in the ecosystem found in the country. It acts as a bridge between traditional banking and crypto or digital banking. A few of the services offered include: asset management, trading, custody and financing, the tokenization of investment products, real assets, rights and primary financing...

“We are proud to have founded a bank within 18 months, raised CHF 100 million in capital from investors and obtained a banking and securities dealer licence from FINMA. The start of operations as the first bank to focus on digital assets is another milestone. We are on track towards creating a new banking experience and redefining the customer–bank relationship. Our customers should be able to take full advantage of the opportunities offered by the new asset classes without having to sacrifice security,” says Guido Bühler, CEO of SEBA Bank. 

The bank is committed to investing in technological developments, securing digital assets and storing digital and traditional assets on an interactive interface. Customers can manage at least five cryptocurrencies (Bitcoin, Ether, Stellar, Litecoin, Ether classic) in a secure and easy manner. The SEBA Card can be used at 42 million points of sale worldwide. “The SEBA Card represents an important step towards the mass introduction of cryptocurrencies,” says Bühler.