Switzerland’s largest online bank, , is reportedly preparing to launch its own cryptocurrency trading platform.
Jan De Schepper, director of sales and marketing at Swissquote, told Finews.asia that his company plans to open its own cryptocurrency exchange by the end of the first half of 2022. Swissquote wants to be "the leading Swiss digital asset provider," he says
The company also plans to add stablecoins and staking services to its list of cryptocurrency offerings.
The Swiss bank currently supports 24 cryptocurrencies: bitcoin, ethereum, litecoin, XRP, bitcoin cash, chainlink, ethereum classic, EOS, stellar, tezos, augur, ox, cardano, uniswap, aave, cosmos , algorand, filecoin, maker, complex, Dogecoin, Polkadot, Solana, etc.
In response to the growing demand for cryptocurrencies, Swissquote began expanding its staff last spring and will continue to hire staff to scale even further, De Schepper said: “Our compliance and customer service teams were almost overwhelmed by the cryptocurrency craze.
In the first half of 2021, the company’s net profit from cryptocurrency investments increased by more than 1,000% to 63.2 million Swiss francs.
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