Coinshares announces partnership with FlowBank to provide structured crypto services to customers

Digital asset investment company CoinShares To expand its foothold in the world of regulated financial institutions, by investing in Bank FlowBank Swiss, ensuring a share of more than 9% in business.

and founded flowbank in a year 2020and holds a banking license granted by the Swiss Financial Market Supervisory Authority (FINMA).

According to the head of marketing and communications at the Swiss bank, Caroline Bauder, the institution noted “A dominant trend of customer interest in investing in cryptocurrencies, which prompted them to work to fill this growing demand.”

Queenshares will launch a number of new features

And with an investment Kevin Sherz Currently, the bank aims to launch a number of new features, related to cryptocurrency for its customers in the year 2022.

powder:

“Starting next year, customers will be able to take advantage of direct buy, long-term hold, sell and share cryptocurrency as well as other token assets directly from their Flowbank account.”

Kevin Sherz That her total comprehensive income doubled in a year 2020, where he reached 18.4 million pounds sterling)25 million dollars), while the total assets held by the company increased to 1.96 billion pounds sterling)2.67 billion dollars), an increase of about 290% Throughout the year.