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Private Swiss Bank NPB Launches Digital Asset Trading, Custody Services

Clients will be able to trade crypto assets and use a custody service based in Switzerland.

Updated May 9, 2023, 3:16 a.m. Published Mar 9, 2021, 1:59 p.m.

Zurich-based private bank NPB Neue Privat Bank AG (NPB) is bringing digital asset banking services to clients though a partnership with InCore Bank AG.

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According to the announcement Tuesday, NPB’s customers will be able to trade "major" cryptocurrencies with access to Switzerland-based asset custody.
"Digital assets increasingly represent a supplement to traditional asset classes and we are seeing strong demand from both private and institutional clients,” said Markus Ruffner, co-founder and CEO of NPB.
The boutique bank's offering comes via an integration with InCore Bank's digital asset layer, which provides an interface between the Finnova banking system and the digital assets space.

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Tanzeel Akhtar

Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.