Vontobel Bank’s Clients Interested in Crypto Investment : Zeno Staub
The Chief Executive Officer of Vontobel Bank said that the clients of their institution showing an eager interest in digital assets. He also appreciated blockchain technology because of its security and reliability which increased demand worldwide.
In an interview on Bloomberg, the CEO of Vontobel Bank ( Swiss based) revealed that their clients are showing much interest to invest in crypto and digital assets. This is all because of the increasing trust of crypto assets without interfere of third parties.
Further he added that he believes in the underlying technology. And he also believed in the basic technology on which the Cryptocurrency is based. And appreciated the trust that blockchain technology is getting from the internet user without availability of third party or mediators.
“We believe the underlying blockchain technology is the logical consequence of the general trend of securitization because it’s the only available technology that can create trust without a central counterparty”
Zeno further added that they are working on providing their crypto related services for Swiss-based financial institution client’s. Even in the current time, few of their wealthy clients are already in crypto assets Investment.
Further they said that they are working to give a better ecosystem for their customers so that they can have a better platform to invest their funds with better ease, safety & security of their funds.
“What we offer to our clients is that we wrap some cryptocurrencies in a secure, convenient, easy to handle way and clients appreciate that and allocate part of their wealth to them”
Well we can see these swiss based banks are still struggling to provide crypto assets facility for their customers. But already Swiss banks with around $315 billion assets under management allow their clients to Invest in Ethereum with full transparency & ease since 2019.
Read also: Korean Authority Encountered Crypto Exchanges Using Third Person Bank Accounts
