LGT Bank Announces To Offer Bitcoin and Ethereum Services

LGT, the world's largest family-owned private bank, recorded statements saying that they will offer Bitcoin and Ethereum services to their private customers, starting from Switzerland and Liechtenstein.

LGT Bank, a financial institution owned by the House of Liechtenstein and part of the world's largest family-owned banking group, has announced that they will offer crypto services. SEBA Bank, a Swiss-regulated digital asset services provider, will provide infrastructure for LGT's crypto services. The bank, which will provide Bitcoin and Ethereum services in the first stages, stated that such a step has been taken in response to the increasing demand. Mathias Schütz, head of customer and technology solutions at SEBA Bank, said in a statement on the subject: "LGT will begin with reservation centers in Liechtenstein for Liechtenstein and Swiss consumers. Over the coming months, this will continue to expand..."