Zurich Cantonal Bank will take on the function of securely storing the private keys for its customers, according to exec Alexandra Scriba.
Zurich Cantonal Bank, one of the largest banks in Switzerland, is the latest banking institution to enable cryptocurrency trading for its customers.
According to an official announcement on Sept. 4, Zurich Cantonal Bank is now offering trading and custody services for Bitcoin (BTC) and Ether (ETH). “The offer is seamlessly integrated into the existing channels and is aimed equally at customers and third-party banks,” the bank said.
Known locally as Zürcher Kantonalbank (ZKB), Zurich Cantonal Bank is the largest cantonal bank and the fourth-largest bank in Switzerland, with total assets of 200 billion Swiss francs ($235 billion).
