Falcon Private Bank Adds New Cryptos

Announcements, FinTech, Investing, News | August 16, 2017 By:

Falcon Private Bank  has added Bitcoin Cash, Ether, and Litecoin to its cryptocurrency asset management solutions.

The Zurich-based Falcon was the first Swiss financial institution to add bitcoin and blockchain tools, instituting them in July. It has now has expanded its offerings thanks to the positive reaction to that move.

The first reactions to our bitcoin services have been very encouraging, and we are convinced that by adding three new blockchain assets, we will fulfill our clients’ future needs, said Arthur Vayloyan, Falcon’s global head of products and services.

Falcon clients can now buy any of the cryptocurrencies and store them with Falcon using cash assets. They join with fellow online bank Swissquote in offering bitcoin. Falcon partnered with Bitcoin Suisse AG in its original deal. The new offerings will be available as of August 22.