Zuger Kantonalbank, Switzerland’s oldest cantonal bank, has made a significant move by introducing trading and custody services for six major cryptocurrencies, with a focus on XRP. This development comes as a result of a collaboration with Sygnum Bank, a leading player in the digital asset sector. Zuger Kantonalbank is the first cantonal bank in Switzerland to venture into the world of cryptocurrencies. The partnership utilizes Sygnum Bank’s API-driven B2B crypto protocol, which is already integrated by several Swiss banks and global financial entities. Through Zuger’s mobile banking interface, clients can easily access crypto trading services and manage their assets, including XRP, Bitcoin, Ethereum, Polygon, Litecoin, and Uniswap. This eliminates the need for external crypto wallets or exchanges. The decision to embrace cryptocurrencies reflects the growing adoption of digital assets, with XRP gaining regulatory transparency and recognition for its potential in international payments. Zuger Kantonalbank, with its long-standing legacy and substantial assets, is adapting to the evolving financial landscape and catering to the changing needs of its customers.

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Information	Details
Geography	Europe
Countries	🇨🇭
Sentiment	positive
Relevance Score	1
People	Eri
Companies	Zuger Kantonalbank, BlackRock, Wisdom Tree, Sygnum Bank, Coinbase
Currencies	Polygon, Ethereum, Uniswap, Litecoin, Bitcoin, XRP
Securities	None