Swiss bank Bordier & Cie launches cryptocurrency trading

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One of the oldest Swiss banks, Bordier & Cie SCmA, founded in 1844, began providing its clients with services for trading bitcoin and other cryptocurrencies.

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To enable cryptocurrency trading, Bordier & Cie has partnered with Sygnum Bank. Sygnum B2B Banking solution was integrated into the internal infrastructure of the Swiss bank.

Bordier & Cie will exclusively provide clients with the ability to trade and store cryptocurrencies. That is, the bank will launch a trading platform, but will not provide analytics, investment advice or asset management services.

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According to the bank’s managing partner Evrard Bordier, the Bordier & Cie management sees a growing demand from customers to buy cryptocurrencies and diversify investment portfolios using digital assets.

Note that the loyalty of Swiss regulators to cryptocurrencies has led to the fact that it is in this country that various banks provide the opportunity to work with digital assets.

Thus, the Swiss division of a large Spanish bank BBVA is preparing to launch the corresponding services, and in the future it may bring the platform to the common European market.

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