The Bank of the Family of Prince Liechtenstein has opened access to crypto investments for its clients

LGT Bank, with the support of the Swiss bank SEBA, has launched a cryptocurrency investment program. LGT’s assets total $ 290 billion.

LGT Group belongs to the family of the princes of Liechtenstein. The bank has announced a partnership agreement with the Swiss bank SEBA, which will provide «cryptocurrency brokerage and investment services.» Starting from May this year, LGT Bank’s clients will be able to make direct investments in two crypto assets — bitcoin and ether.

A prerequisite is that clients must «reside in Liechtenstein or Switzerland, and be classified as professional investors or clients of an external asset manager.» Representatives of the group also said that in the near future they want to expand their offer to the markets of Singapore and the UAE, where there is a demand for such services.

Representatives of SEBA said that «the parties are working to expand the offer and make it more accessible» and are «negotiating to provide more choice in terms of currencies and investment rates.» Therefore, we should most likely expect an expansion of the list of coins in which you can invest — SEBA itself trades in 14 different currencies, including stablecoins.