Bank Frick now offers "l ". direct investment " and cold storage of five cryptocurrencies, announced in a press release on February 28, noting that it is the" first "financial institution of the country to do so

Destined mainly to "professional market participants and financial intermediaries", according to Frick, investment and storage is offered for Bitcoin, Bitcoin Cash, Litecoin, Ripple and Ether.

The bank, founded in 1998, sought to stand out from the competition in the small European country, by introducing a crypto investment and storage service "in demand" beyond his borders, he says.

"Our services are requested by companies throughout Europe", senior client officer Hubert Büchel commented in the release. On the perceived benefits of dealing with crypto by a bank, Büchel continued: