Bank Syz develops a solution for trading and custody of digital assets, partnering with a Swiss fintech.
Bank Syz has now made available custody and trading services for cryptocurrencies, to its clients, according to a statement from the Geneva-based private bank on Monday. The new facility enables custody and trading of four major cryptocurrencies for clients: Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), and Chainlink (LINK).
Taurus Custody Solution
The new «Syz Crypto» offering is a custody solution from Taurus, a Geneva-based provider of digital asset infrastructure for banks.
At the same time, the private bank has assembled a team to ensure that clients' digital assets are handled with the same consideration as traditional assets. In light of recent events in the crypto space, notably the meltdown of FTX, Syz promises its clients a level of security and accountability beyond the capabilities of many non-bank cryptocurrency specialists.
