Swiss financial institution Bordier & Cie, which has been running for more than 170 years, has announced a collaboration with Sygnum digital asset bank to allow its customers to buy crypto assets.
Bordier’s customers will buy Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Tezos (XTZ) via integration with Sygnum’s business-to-business banking.
Bordier managing partner Evrard Bordier said:
“By partnering with Sygnum Bank, we are providing our clients with a one-stop, integrated solution while empowering them to invest in this new, high growth asset class with complete trust.”
The move was motivated by rising demands of customers seeking to diversify their investments with new properties, Bordier noted. “The company highlighted the lack of correlation between the cryptocurrency and conventional financial markets, describing crypto assets as a “powerful tool to enhance diversification and achieve superior risk-adjusted returns.”