Official announcements from Zurich Cantonal Bank or reputable financial news outlets

Switzerland's 4th Largest Bank, Zurich Cantonal Bank, Launches $290 Billion Bitcoin and Crypto Services

Sep 4, 2024, 11:51 AM

Zurich Cantonal Bank, Switzerland's fourth largest bank with assets totaling $290 billion, has announced the launch of Bitcoin and cryptocurrency services. The bank, also known as Zürcher Kantonalbank (ZKB), is introducing Bitcoin and Ethereum trading for its retail clients and third-party banks. Customers, including 1.5 million clients, will be able to trade these cryptocurrencies via the bank’s mobile banking app, eBanking, and other channels. ZKB's new offerings are supported by its own custody solution, ensuring secure management of digital assets.