The First Swiss Private Bank to Offer Bitcoin Asset Management

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Switzerland-based private bank, Falcon Private Bank, announced on July 12 that they will start a Bitcoin asset management service, and offer for their net worth individual and institutional investors the ability to exchange and hold Bitcoin. 

In addition, a Bitcoin ATM has been installed in the lobby of the headquarters of Falcon Private Bank in Zurich, and is now open to the public.

“We are proud to be the first-mover in the Swiss private banking area to provide blockchain asset management for our clients. Falcon is convinced that the time is right to enter this nascent market and it is our firm belief that this new product will fulfill our clients’ future needs.” Said Arthur Vayloyan, Global head of products and services for Falcon.

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