In an official statement, Julius Baer, one of the biggest private banks in Switzerland, announced that the company is providing its clients access to cryptocurrencies.
Julius Baer has strategically partnered with SEBA Crypto AG (SEBA), a cryptocurrency-focused bank based in Switzerland, which raised over $103 million in September 2018.
WHAT THIS MEANS FOR CRYPTO
Switzerland has always been a leading nation in blockchain development and cryptocurrency adoption alongside Japan, the U.S., South Korea, Malta, and Singapore.
The integration of cryptocurrency services by Julius Baer will further legitimize the asset class to both existing investors in the cryptocurrency market and investors in the traditional financial sector.
Maybe Julius Bar does not want to become extinct as an entity.
Good job bro.
It's hard time banks realize.
Thanks!
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