Switzerland-based Seba Bank has announced that it will launch its NFT custodian service to get even closer to cryptocurrencies.
Institutional companies continue to be involved in crypto adoption. Companies that start crypto trading are also venturing into crypto custody services. Seba Bank, one of these companies, wants to introduce its innovative service to its users. The bank stands out as a strong institution providing crypto-focused services in Switzerland.
Seba Bank Concentrates on Cryptocurrency and NFT Technology
Seba Bank, the Switzerland-based organization, obtained its banking and securities dealer license in 2019. Established with a focus on crypto money, the bank became an enterprise-grade digital asset custodian by obtaining its information systems auditor license in 2021.
Continuing its crypto-focused developments and studies, the bank is progressing in cooperation with local regulators. Contrary to the pessimistic atmosphere in the market and the negative events experienced, Switzerland displays a positive attitude for the bank. With its reliable structure in the country, Seba announced its new venture.
Contrary to the difficult days in the NFT sector, the bank continues to believe in this technology. In its latest attempt, it will offer NFT custody services for its users. The storage platform to be established will be a reliable tool for customers’ collections. Concentrating especially on Ethereum-based projects, the company focused on collections such as Bored Apes and CryptoPunks.
The platform will allow customers to integrate their collections into their bank accounts and store them more securely. A spokesperson for the company said:
We believe that in the coming years, digital assets, including NFTs, will be adopted and adopted by more traditional financial operators.
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