Zurich Cantonal Bank (ZKB), Switzerland’s fourth-largest bank, has launched cryptocurrency trading and custody services, marking a significant expansion of its financial offerings. Clients can now trade and store Bitcoin and Ethereum directly through ZKB’s existing digital platforms, such as ZKB eBanking and ZKB Mobile Banking. The bank has partnered with Crypto Finance AG, a Deutsche Börse Group subsidiary, to facilitate these transactions.

ZKB’s crypto services are available not only to its clients but also as a business-to-business solution for other Swiss banks. Thurgauer Kantonalbank is the first to adopt this service, enabling its customers to access the crypto market securely through ZKB’s infrastructure.

This move reflects ZKB’s ongoing efforts to embrace blockchain technology, following its involvement in pioneering digital bond issuance on the SIX Digital Exchange and participating in the Swiss National Bank’s digital currency pilot project. The bank’s initiative highlights the growing acceptance and integration of cryptocurrency services within Switzerland’s financial sector.

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