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Zurich Cantonal Bank Launches Bitcoin and Ethereum Trading and Custody Services

Sep 4, 2024
  1. Launch of New Cryptocurrency Services
  2. Integration with Digital Platforms
  3. Expansion of Cryptocurrency Services to Other Banks

Zurich Cantonal Bank, one of the largest banks in Switzerland, has officially announced the launch of cryptocurrency trading and custody services. The new services will allow clients and third-party banks to trade and store bitcoin and ethereum.

Launch of New Cryptocurrency Services

According to the announcement on September 4, Zurich Cantonal Bank (ZKB) is providing its clients and third-party banks with the ability to trade and store cryptocurrencies such as bitcoin and ethereum.

Our goal is to provide clients with safe and convenient tools to work with digital assets.Alexandra Scriba, Head of Institutional Clients & Multinationals

Integration with Digital Platforms

The bank's new offerings are integrated into existing digital platforms like ZKB eBanking and Mobile Banking, ensuring both convenience and security in managing cryptocurrencies.

Expansion of Cryptocurrency Services to Other Banks

Zurich Cantonal Bank also provides a business-to-business (B2B) solution, enabling other Swiss banks to offer similar crypto services to their clients.

Switzerland continues to embrace web3 technologies and cryptocurrencies. Zurich Cantonal Bank joins the ranks of other banks offering digital assets, including giants like PostFinance and BBVA Switzerland.

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