SEBA Bank Launches New Offering to Simplify Crypto Banking

SEBA Bank, a Swiss-based digital asset banking platform, has presented a new offering to make cryptocurrency banking easier and to match the needs of traditional and digital investors.

SEBA Bank Presents a New Offering

According to Monday's press release, SEBA Bank is introducing three types of exclusive programs that customers can choose between as part of the new offering. The Corporate, Gold and Platinum programs are aimed at the most demanding traders.

"SEBA is a crypto banking industry leader, bridging and simplifying traditional and digital finance. Since its creation, we have developed a unique universe of products and services. With the launch of the [new] SEBA offering consisting of the Gold program, the Platinum program, and the Corporate program, we continue to reshape finance. We offer our demanding program members a unique, and personalized experience," Mathias Schuetz, the Chief Commercial Officer of EMEA at SEBA Bank, commented on the launch.

The Gold program is designed to guarantee investors access to institutional-grade crypto services. The Corporate program is aimed at companies active in the digital asset sector, while Platinum was created for investors seeking personalized client support. Its members receive a metal credit card with a custom limit and access to concierge services and airport lounges.

New Hires and New Licenses for SEBA Bank

Focusing on continuous and dynamic growth, SEBA Bank has expanded its Asian footprint with a new office in Hong Kong by establishing a local subsidiary, SEBA (Hong Kong) Limited. The new office is the cryptocurrency company's first physical location in the APAC region. The main goal of the Hong Kong branch is to focus on market research and consultancy services.

A few days later, the company partnered with HasKey Digital Asset Group, a provider of professional trading solutions in the Asian cryptocurrency market, to accelerate the institutional adoption of digital assets in Hong Kong.

📢𝗡𝗲𝘄𝘀 | Today, we are excited to announce a partnership with @HashKeyGroup, end-to-end digital asset financial services group in Asia. Read the full announcement ➡️ https://t.co/BaBfu17WAf pic.twitter.com/ZIPHn9wxVn

Late last year, the company hired a new Chief Technology Officer (CTO), Xavier Alabart, who has nearly 20 years of experience in product and leading technology teams. Previously, he worked as the CTO for Bolttech, the Insurtech Unicorn with $44 billion under management.

Watch the recent FMLS22 panel on the cryptocurrency future.

NFT Custody Offered by SEBA Bank

As part of its innovative cryptocurrency products, the Zug-headquartered digital asset banking platform offers a non-fungible tokens (NFTs) custody solution to secure funds belonging to customers.

The latest service applies to every Ethereum-based NFT, including 'blue chips' like CryptoPunks and Bored Apes collections. According to SEBA Bank, in Q3 2022 alone, the NFTs market gathered 2.2 million unique users, increasing by 36% when compared to the same period a year earlier.

However, the overall statistics show a substantial slide in popularity in 2022. At the beginning of last year, the value of daily NFT sales reached about $200 million, now sitting at $15 million per day.