In early April, PostFinance, one of Switzerland’s largest retail banks, announced a partnership with the Sygnum platform.
The bank is wholly owned by the Swiss government, and Sygnum, a virtual digital asset platform, received its banking license in Switzerland about four years ago.
As part of the agreement, the financial institution’s 2.5 million customers will be able to buy, sell and store BTC as well as ETH.
Philip Merkt, PostFinance’s director of investments, commented on the news of the partnership and the innovation in the bank’s operations:
“Digital assets have become an integral part of the financial world. Our clients want reliable and fully transparent access to this market. A respected and trusted partner like Sygnum is more important than ever.”
