The Zug-based crypto institution Seba is partnering with Liechtenstein's LGT Bank to offer custody and brokerage services for digital assets.
Seba Bank and Liechtenstein-based LGT Bank are partnering in the crypto space, where LGT Bank will use the Zug-based crypto bank's banking platform and digital asset custody services, according to a media release.
LGT will initially offer investment services for the most important cryptocurrencies Bitcoin (BTC) and Ethereum (ETH), and digital asset services will be integrated with traditional investments, allowing clients to seamlessly integrate cryptocurrencies into their portfolios.
Customer Demand
Demand for cryptocurrencies at LGT has risen in recent years Seba, and CEO Franz Bergmueller welcomed the move and are pleased to be able to «support LGT with our expertise in expanding its digital asset services».
In developing the new offering, special attention was paid to security with a focus on clear, reliable processes and procedures. «They are central to dealing with this dynamic and still fairly young asset class,» LGT bank CEO Roland Matt said in the media release.
