Swiss Bordier & Cie Collaborates With Sygnum to Facilitate Crypto Asset Trading
Switzerland based financial entity, Bordier & Cie,, has entered into collaboration with cryptocurrency friendly bank Sygnum to facilitate its clients to buy and sell cryptocurrencies.
The linking with Sygnum’s B2B (business-to-business) banking platform permits the customers of one seventy year old Bordier to buy Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH) and Tezos (XTZ).
The initiative is considered as a step towards “lay[ing] the foundation for a broader offering of regulated digital asset products and services,” along with options and tokenized assets. Managing partner of Bordier, Evrard Bordier stated:
“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.”
Bordier pointed out that the initiative was led by a rising demand from customers aiming to spread their portfolio risk with fresh range of assets. The firm stressed the absence of link between conventional financial markets and cryptos, explaining cryptos as a “powerful tool to enhance diversification and achieve superior risk-adjusted returns.”
Bordier & Cie, the Geneva-headquartered private banker established in 1884, had been owned and administered by the fifth generation of Bordier family. The bank’s entry into crypto sector is in line with several huge institutions studying the option of adopting cryptos in 2021.