Julius Baer with $382 Billion under management plans to offer access to digital assets through a partnership with Swiss start-up SEBA Crypto in the latest move into cryptocurrencies by a Swiss private bank.Julius Baer markets head Peter Gerlach said, “We are convinced that digital assets will become a legitimate sustainable asset class of an investor’s portfolio,”
This announcement is just another sign of traditional banks offering Digital asset services as their clients are asking how they can get involved in this sector, so helping this new asset class to be more widely accepted. It follows the announcement that of the JPMorgan Coin and Fidelity Investment and Goldman Sachs both offering Crypto custody services to its clients and no doubt we will see more institutions getting involved…
