Bordier & Cie partners using electronic asset lender Sygnum to provide crypto trading to customers.
Bordier & Cie, a Swiss financial institution working for over 170 decades, has declared a partnership with digital advantage lender Sygnum to permit its clients to buy crypto assets.
The statement describes the movement as”lay[ing] the basis for a wider offering of controlled electronic asset services and products,” such as choices and tokenized strength classes. Bordier managing spouse Evrard Bordier stated:
“By partnering with Sygnum Bank, we’re providing our customers with a one-stop, integrated solution whilst enabling them to purchase this brand new, higher growth asset category with trust.”
Bordier noted that the movement was driven by increasing demand from customers seeking to diversify their portfolios with assets that were new. The company highlighted the absence of correlation between the cryptocurrency and mainstream financial markets, describing crypto resources as a”powerful tool to improve diversification and attain superior risk-adjusted returns”
The bank’s debut to crypto follows the a number of other big institutions seeking to embrace cryptocurrency from 2021.
