On September 4th, 2024, Zürcher Kantonalbank (ZKB), one of Switzerland’s leading financial institutions, officially launched a cryptocurrency service tailored for its retail clients and third-party banks. In partnership with Crypto Finance, a Deutsche Börse-owned digital asset company that boasts regulatory approvals from Switzerland’s FINMA and Germany’s BaFIN, ZKB is stepping into the world of crypto brokerage. Notably, while Crypto Finance handles the brokerage, ZKB has developed its own proprietary crypto custody solution, with Fireblocks serving as a technology partner for enhanced security.

ZKB is not just another bank dabbling in crypto; it stands as Switzerland’s largest cantonal bank, backed by the canton of Zurich. Global Finance ranked ZKB as the second safest bank globally in 2023, citing its AAA ratings from Fitch, Moody’s, and S&P, alongside its considerable total assets. This move into the cryptocurrency arena highlights the bank’s confidence in its stability and security infrastructure.

Now, ZKB clients can seamlessly trade Bitcoin and Ether through various platforms, including the bank’s mobile app, eBanking, and other digital channels. Peter Hubli, ZKB’s Head of Digital Asset Solutions, emphasized the strategic importance of this venture: “With Crypto Finance, we have an experienced, regulated, and competent partner at our side with long-lasting industry expertise, mastering the facets of the crypto business.”

Switzerland: A Haven for Crypto, but a New Frontier for Retail Offerings

Switzerland has long been considered a crypto-friendly jurisdiction, particularly among wealth managers who have offered crypto services for some time. However, retail offerings are a relatively new frontier, with ZKB joining the ranks of major banks entering the space. Earlier in 2024, PostFinance was the first of Switzerland’s big four banks to offer cryptocurrency services, partnering with Sygnum Bank. BBVA Switzerland, meanwhile, made waves in 2021 when it became one of the first banks globally to offer digital asset services without requiring minimum net worth thresholds.

This shift towards retail crypto services reflects the growing mainstream acceptance of digital assets in Switzerland. ZKB’s entry into the market not only solidifies its position as a forward-thinking institution but also sets a new standard for accessibility, security, and trust in the burgeoning crypto space.

Introducing : Multiplatform Crypto Gaming

Recent research highlights a significant shift in the gaming industry towards digital currencies, with platforms like OLE777 leading the charge in this transformation. OLE777 stands out as a trailblazer in the realm of Multiplatform Crypto Gaming, a pioneering concept that redefines how gamers interact with cryptocurrency. As the first in Southeast Asia to fully embrace this innovative model, OLE777 offers a comprehensive suite of services that allows users to purchase, store, and withdraw crypto coins seamlessly. This integration not only enhances the gaming experience but also provides a secure and efficient environment for managing digital assets.

What sets OLE777 apart is its unique approach to blending cryptocurrency with gaming. By establishing itself as a Multiplatform Crypto Gaming platform, OLE777 ensures that users can engage in transactions using their crypto coins within a dynamic and immersive gaming space. This model caters to the growing demand for cryptocurrency in the gaming sector, providing a robust platform where players can enjoy a range of games while managing their digital assets with ease. OLE777’s commitment to this model highlights its dedication to meeting the evolving needs of gamers and cryptocurrency enthusiasts alike.

As the market for crypto gaming continues to expand, OLE777’s position as a leader in Multiplatform Crypto Gaming becomes increasingly evident. The platform’s ability to offer a seamless integration of crypto transactions with an engaging gaming experience not only sets it apart from competitors but also positions it at the forefront of this burgeoning industry. With its focus on providing a secure, user-friendly environment for both gaming and cryptocurrency management, OLE777 is poised to continue its growth and influence in the global gaming market.