Swiss SEBA Bank Launches “Dual Currency Certificate” For Tapping Volatile Bitcoin/USD Trading Market – Blockchain News, Opinion and Jobs

Switzerland’s SEBA Bank has developed a USD Dual Currency Certificate for BTC/USD, aimed at investors who wish to benefit from the high level of the cryptocurrency’s volatility.

This is part of SEBA Bank’s kicking off of a strategic series of recurring structured products on digital assets. The investors’ needs for security with regard to potential issuer risk are addressed through full collateralization of the issuing vehicle and a guarantee from SEBA Bank.

Guido Bühler, CEO of SEBA Bank AG, said:

“The launch of the Dual Currency Certificate on BTC/USD shows how traditional banking and crypto finance are converging. Investors benefit both from the stability of a fully-regulated Swiss bank and from the yield opportunities offered by the crypto markets.”

Stefan Schwitter, Head of Investment Solutions at SEBA Bank AG, added:

“This is an ideal product for entry into the world of digital assets with a simultaneous yield optimization.”

Investors can conveniently purchase the product through their existing banking relationship during the subscription period from 24 June to 07 July 2020 at 10 a.m. CET.

SEBA Bank is a pioneer in the financial industry and builds bridges between the digital and traditional banking worlds. The team combines tech, crypto and cybersecurity experts with experienced bankers. SEBA was founded in April 2018 and is based in Zug. As one of the first financial service providers specializing in digital assets to receive a banking and securities dealer license from the highly-regarded Swiss Financial Market Supervisory Authority (FINMA). SEBA offers a wide range of services in both traditional and digital banking that meet the highest security and compliance standards. SEBA enables its clients to invest in digital and traditional assets, safeguard them, and trade with them as well as to issue tokens.

For further information on the Dual Currency, Certificate see here: https://www.seba.swiss/financial-products/dual-currency-certificate

Also published on Medium.

In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, ‘The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications.

Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China’s first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission’s SME Instrument programme as a startup assessor and as a startup judge for the UK government’s Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.

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