Bordier has expanded its private banking services to include digital assets through a partnership with Sygnum Bank, leveraging the latter’s B2B banking platform.
Through this partnership Bordier’s clients can now buy, hold, and trade cryptocurrencies on an execution only basis. They can trade Bitcoin, Ethereum, Bitcoin Cash and Tezos, with the highest level of security and compliance provided by a Swiss regulated bank. The offering will be extended as clients become more at ease with the simplicity of the new service.
In this partnership, Sygnum provided the digital asset specialist expertise and an all-in-one, market-ready B2B banking platform which includes the safekeeping of private keys, selection of and connectivity to liquidity providers, digital asset AML, and transaction monitoring. Bordier will continue to manage its client* relationships, and clients* will be able to access Sygnum’s suite of digital asset management products.
This new integration is aimed at simplifying the transactional process for clients, providing them with the option to invest in the asset class at their own convenience, and eliminating the need for multiple channels.
Evrard Bordier, Bordier & Cie’s SCmA Managing Partner,said:
“We have seen increasing demand from our clients to diversify into alternative asset classes such as digital assets. By partnering with Sygnum Bank, we are providing our clients* with a one-stop, integrated solution while empowering them to invest in this new, high growth asset class with complete trust.”
Mathias Imbach, Sygnum Bank’s Group CEO, commented:
“Bordier continues its 177-year tradition of safeguarding clients’ wealth for future generations by offering the ‘next generation’ of assets to its clients*. Bordier’s timeless values and Sygnum Bank’s vision for Future Finance is a powerful combination in the changing financial landscape.”