- 27 February 2021
- Posted by: Cryptovalues
- Category: Cryptovalues News, World News
Following Bank of New York Mellon, the oldest bank in the U.S., which announced the ability to hold, transfer and issue cryptocurrencies on behalf of its clients.
another century-old financial institution with 170 years in business, Switzerland’s Bordier & Cie, announced a partnership with Sygnum, a digital asset platform, to allow its clients to purchase cryptocurrencies, specifically bitcoin, ethereum, bitcoin cash and tezos.
As happened for BNY, the novelty was driven by the growing demand of customers, who are attracted by the crypto performance and, taking into account the peculiarity of the market not correlated with other financial assets, can get extra performance, as well as differentiate more the investment.
Also in this case, it is worth highlighting the willingness of old banking institutions to convert to modernity, which, unlike others, are seizing this opportunity to adapt to change and meet the new and diversified needs of customers.
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