Swiss Falcon Private Bank expands crypto-asset management with Ethereum, Litecoin and Bitcoin Cash
In cooperation with Bitcoin Suisse AG, Falcon Private Bank will expand its asset management offerings with Ethereum, Litecoin (LTC) and Bitcoin Cash (BCH) cryptos. This will make it the first bank in the world to offer High Net Worth Individuals access to a range of the most highly capitalized crypto assets alongside Bitcoin.
As early as July, Falcon Bank was the first Swiss private bank to incorporate a crypto-asset management solution into its offering by enabling its customers to buy, sell and hold Bitcoin directly through the bank. Bitcoin Suisse AG, based in the Swiss city of Zug, is a leading global crypto-asset broker and crypto-asset manager. It is subject to the anti-money laundering regulations (AML) of the Swiss banking supervisory authority FINMA, acts as a broker for the Falcon Private Bank and provides the infrastructure for its crypto-asset offer. The company is a leading service provider for crowdfunding projects (ICOs) and supported projects like Bancor, Status, TokenCard, Tezos, aeternity, OmiseGo, Melonport, Matchpool, Decentraland, Moeda and others.
“Bitcoin Suisse is proud to continue supporting the product offering of Falcon Private Bank in the area of crypto assets,” said Niklas Nikolajsen, CEO of Bitcoin Suisse AG. “The Falcon Private Bank was the first bank house to provide its customers with direct access to Bitcoin and has thus written history. The decision to extend this offer to include ethers and other crypto assets makes the bank the first stop for owners of crypto assets and investors in this area. ”
The Falcon Private Bank is a Swiss bank house that managed CHF 14.6 billion for its customers in 2016. The head office of the bank is Zurich. There are also branches and representative offices in Abu Dhabi, Dubai, London and Luxembourg. As a crypto broker and infrastructure partner, Bitcoin Suisse AG has helped the bank offer all the products and services necessary to enable wealthy individuals and institutional investors to buy, secure, track and trade crypto assets.
Founded in August 2013, Bitcoin Suisse AG offers a range of financial services and products for individuals, companies and institutions in the emerging sectors of crypto-finance and decentralized markets. These include brokerage, trading, asset management, ICO services, software integration and consulting solutions based on crypto assets and blockchain technology.
The company is known, among other things, for providing the crypto payment infrastructure for the city of Zug. Since 1 July 2016, Zug is the world’s first city whose public authorities accept bitcoin and other cryptic payments as payment means. As the oldest Swiss company in its market segment, Bitcoin Suisse AG, which has been AML-regulated since 2014, has also worked as a broker for crypto-asset institutions such as the Ethereum Foundation and the Lisk Foundation. In addition, the company provides crypto-asset services and solutions to a number of banks and asset managers.
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