Swiss banking group Swissquote has been trading five major cryptocurrencies since 2017 and is now introducing a crypto custody service.
Customers will be able to transfer crypto from external wallet to their account at Swissquote and vice versa. This group aims to launch the cryptocurrency trading platform and depositary for private and institutional clients alike. The solution will be based on services provided by Fintech company Crypto Storage AG.
Recently Blockchain industry integrates Fintech and Banking systems. many banks try to connect their platform to Blockchain for updating their services.
Crypto Storage AG is a Swiss startup that provides infrastructure to manage private keys. According to the firm’s website, it develops hardware security modules and provides services to financial agents worldwide.