With this integration, institutions can now actively manage these DeFi tokens across SEBA Bank’s full suite service offering, including investment, custody and trading. The expanded array of tokens will now be available across SEBA Bank’s investment solutions, including specifically designed and managed client portfolios in the framework of individualized discretionary mandates.
“Investor interest in digital assets is growing rapidly, and many want to go beyond bitcoin. SEBA Bank offers investors bespoke access to the return drivers and diversification benefits of this new asset class,” SEBA Bank COO Alistair Heggie said. “We are pleased to provide our expertise in digital assets to build exposure in this new asset class.”
As part of the strategy to accommodate the rapidly growing demand for decentralized finance activity and cryptocurrency, SEBA Bank is integrating a number of ERC-20 tokens supported on its hot storage custody solution into its proprietary institutional-grade cold storage custody solution. In addition to existing support for BTC and ETH, institutions will now be able to securely manage and store ERC-20 tokens in a battle-tested cold storage environment including USD Coin (USDC), Uniswap (UNI), Yearn Finance (YFI), Synthetix (SNX), Chainlink (LINK) and Aave (AAVE).
SEBA Bank’s full-suite digital asset banking services are supported by SEBA Research, providing analytics, insights and access to this nascent asset class. SEBA Research applies the highest standards and complies with the Swiss Bankers Association research guidelines. Digital assets are selected according to a rigorous process combining quantitative metrics and in-depth qualitative analysis. The value accrual mechanism, tokenomics and the underlying protocol play a central role in this process.