St. Galler Kantonalbank (SGKB), the fifth largest state bank in Switzerland, announced a cooperation with SEBA Bank to provide custody and trading services for Bitcoin and Ethereum to selected customers.
SGKB said it plans to further expand its digital asset services and add more cryptocurrencies based on customer demand. SEBA Bank will provide digital asset brokerage and custody services to SGKB. SGKB said the partnership with SEBA Bank will help its clients integrate cryptocurrencies into existing investment portfolios. (The Block)