Julius Bär launches crypto services

Julius Bär is launching new services for digital assets. The Zurich private bank’s portfolio now includes digital assets offerings such as secure storage and transaction solutions, but also consolidated portfolio overviews across both conventional and digital assets, according to a statement. The bank is also offering access to a select group of cryptocurrencies, chosen for their tradability, safety, and technical reliability.

For the new services, Julius Bär is working with SEBA Bank AG from Zug. SEBA’s goal is to provide a bridge between digital and traditional assets. In August last year, the bank received a license from the Swiss Financial Market Supervisory Authority (FINMA) as one of the first crypto banks in Switzerland. Julius Bär is “making use of the innovative and cutting-edge platform and capabilities of SEBA", according to the statement.