Switzerland’s state-owned Postfinance bank to offer services for cryptocurrencies.
The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum.The financial services unit of the national postal service of Switzerland,
The partnership enables the launch and expansion of regulated bank-grade products and services for digital assets,said in an announcement published Wednesday. The Switzerland-based fintech company further elaborated: Postfinance has analyzed the investment needs of its customers and detected strong demand for digital investment services, Sygnum also explained. Its B2B banking platform will allow the Swiss state-owned bank to integrate the new offering into its existing infrastructure.
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