Oldest Cantonal Bank in Switzerland with $20B+ in Assets Opens XRP Trading and Custody
The post Oldest Cantonal Bank in Switzerland with $20B+ in Assets Opens XRP Trading and Custody appeared on BitcoinEthereumNews.com. Zuger Kantonalbank, one of the largest banks in Switzerland by assets held, has opened trading and storage offerings for six cryptocurrencies, including XRP. This development stemmed from a partnership between Zuger and Sygnum Bank, a leading digital asset bank. Notably, Zuger’s dabble into crypto makes it the first cantonal bank in Switzerland to launch a crypto offering. A cantonal bank is a commercial banking institution owned by the government. While Sygnum Bank announced the move earlier this month, it went unnoticed but was recently spotlighted by prominent XRP community figure Eri. This month: Zuger Kantonalbank Launched Crypto Asset Trading and Storage — #BTC #ETH #XRP #LTC #UNI #MATIC The Zug Bank has an unlimited government guarantee.https://t.co/VuKttUFzDHFun Trivia: 1 in 8 people in Zug are millionaires.
The post Oldest Cantonal Bank in Switzerland with $20B+ in Assets Opens XRP Trading and Custody appeared on BitcoinEthereumNews.com.
Zuger Kantonalbank, one of the largest banks in Switzerland by assets held, has opened trading and storage offerings for six cryptocurrencies, including XRP. This development stemmed from a partnership between Zuger and Sygnum Bank, a leading digital asset bank. Notably, Zuger’s dabble into crypto makes it the first cantonal bank in Switzerland to launch a crypto offering. A cantonal bank is a commercial banking institution owned by the government. While Sygnum Bank announced the move earlier this month, it went unnoticed but was recently spotlighted by prominent XRP community figure Eri. This month: Zuger Kantonalbank Launched Crypto Asset Trading and Storage — #BTC #ETH #XRP #LTC #UNI #MATIC The Zug Bank has an unlimited government guarantee.https://t.co/VuKttUFzDHFun Trivia: 1 in 8 people in Zug are millionaires.
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