Bordier & Cie SCmA, a Swiss private bank established in 1844, now provides trading in Bitcoin and other cryptocurrencies. It will enable its consumers to buy crypto assets. Bordier has collaborated with Sygnum Bank for the initiative. It indicates the integration of Sygnum’s B2B Banking solution with Bordier’s internal infrastructure. Moreover, Sygnum’s B2B banking platform’s alliance empowers Bordier’s clients to buy Bitcoin, Ether, Bitcoin Cash, and Tezos (XTZ). Bordier views cryptocurrencies as a valuable asset for portfolio diversification.
The collaboration enables Bordier’s clients to trade cryptocurrencies on an execution-daily basis. Thus, Sygnum won’t advise Bordier’s clients on digital assets but only offer them a platform to trade and store their crypto. Evrard Bordier, the managing partner at Bordier, contended that the bank is witnessing growing demand from its clients for funding in cryptocurrencies and broadening their portfolios. The firm highlighted the lack of relationship between the cryptocurrency and mainstream financial markets. Thus, addressing crypto assets a potent tool to improve diversification and achieve higher risk-adjusted returns.
Bordier & Cie SCmA will own all-in-one digital asset ecosystems
Furthermore, by the alliance, Bordier will possess an all-in-one digital asset ecosystem providing AML practices for digital assets, connection to liquidity providers, and private safety for consumers. The duo collaboration strives to develop a straightforward transaction process and present a one-stop channel to fund the asset class. Moreover, Bordier carries forward diversified portfolios and provides its consumers with a specific investment policy and strategic asset allocations. Additionally, the bank has recently opened branches across the world in Zurich, Paris, Rennes, London, Singapore, etc.
Sygnum bank is a global digital asset bank licensed under the Swiss banking license and Sygnum Pte LTD’s capital market services license. Furthermore, Sygnum operates with DLT and investment specialists to develop a compliant virtual asset ecosystem. In the recent past, Switzerland has witnessed government and private banks enter into the crypto space. Moreover, these involve Maerki Baumann & Co., InCore Bank, Basler Kantonalbank, Julius Baer, and others.
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