The third-largest bank of Julius Baer is planning to offer digital asset services in collaboration with crypto banking startup SEBA Crypto AG. Notably, the bank made a minority equity investment in SEBA in 2018.
With over $383.15 billion assets under management, the Swiss bank aims to use SEBA’s platform in order to provide its clients with storage, transaction and investment services for digital assets. says,
“At Julius Baer, we are convinced that digital assets will become a legitimate sustainable asset class of an investor’s portfolio. The investment into SEBA as well as our strong partnership are proof of Julius Baer’s engagement in the area of digital assets and our dedication to make pioneering innovation available to the benefit of our clients.”
SEBA has raised over $100 million to build a crypto bank and aims to become offers several Transaction banking services for accounts denominated in both crypto and fiat
According to the CEO, SEBA Read more: Cryptopia Discloses The Estimated Amount of Stolen Crypto During The Hack