PostFinance has entered into a partnership with Sygnum from Zurich. The B2B banking platform of the world’s first fully regulated digital asset specialist with a Swiss banking license will allow PostFinance to offer its customers regulated, bank-grade digital asset products and services.
As was reported in a press release from PostFinance, customers will be able to buy, store and sell leading cryptocurrencies such as Bitcoin and Ethereum from now on. This move was prompted by an analysis of its customers’ investment needs, which uncovered a strong demand for digital investment services.
According to Philipp Merkt, Chief Investment Officer of PostFinance Ltd, “digital assets have become an integral part of the financial world, and our customers want access to this market at PostFinance, their trusted principal bank.”
The all-in-one B2B banking platform enables “our fifteen-plus B2B partner banks to expand their range of regulated digital asset services at scale and speed,” explained Fritz Jost, Chief B2B Officer, Sygnum Bank. This empowers PostFinance to deliver “institutional-grade digital asset services” to their customers. mm