Bank Frick, a Liechtenstein-based bank, has announced the launch of its subsidiary, DLT Markets, an institutional crypto trading platform. The subsidiary is aimed at offering institutional investors with fully regulated and secure multi-exchange access to the digital token asset class.

The bank has appointed Roger Wurzel as the CEO of DLT Markets. Previously, he worked in business development department of the bank. In addition, the business development part of the subsidiary will be looked after by Bank Frick’s former blockchain project developer, who is also the co-founder of Styxchange, a cloud-based accounting company.

Edi Wögerer, CEO of Bank Frick, has said that DLT Markets will be serving as an unique entity reaping the benefits of a fintech company integrated with a bank regulated by the EU.