SEBA Bank expands into the NFT market

In the third quarter of 2022, there were 2.2 million unique investors in the NFT market. This asset class has been growing steadily for several years. But the more mature, the greater the effort required to ensure its safety. Furthermore, investors do not hesitate to show that they want more professionalism in the way their assets are managed. To this end, SEBA Bank has decided to offer a custody solution for NFTs.

A platform for containing top-notch NFTs

SEBA Bank recently unveiled its new product entirely dedicated to the first-rate NFT of its clients. It is a regulated solution suitable for the storage of tokens not fungible. SEBA Bank intends to provide a safe and secure platform on which NFTs will be professionally managed. Note that the Swiss crypto bank’s NFT custody solution is institutional grade.

SEBA Bank announcement on Twitter

Despite its level, the platform it was designed for both individuals and institutions. The bank’s customers will be able to do this store any Ethereum based NFT (ERC-721). The custody solution is particularly compatible with the famous NFT Bored Apes, CryptoPunks and Clone X collections. Customers will be able to manage their NFTs in complete safety, leaving the management of private keys to the good care of SEBA Bank.

A fully certified and verified solution

The bank said its goal is to provide customers with the ability to leverage the highest security standards for the storage of their digital assets. To do this, SEBA Bank offers a custody solution ISAE 3402 certified and independently verified. Furthermore, the company claims to be “proud to be the first regulated bank to offer NFT custody“.

SEBA Bank’s co-head of markets and investment solutions commented on the launch of the bank’s new product. In fact, Urs Bernegger said: “As a FINMA-regulated and authorized Swiss bank with core competencies in cryptocurrencies and digital assets, we enable all our clients to securely manage traditional and digital assets“.

For Urs Bernegger, “the range of services combined with the highest security standards make SEBA Bank’s offer of services uniqueFurthermore, the bank is proud to be able to support its customers by expanding its NFT custody service.

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Luc Jose Adjinacou avatar
Luc José Adjinacou

Far from dulling my enthusiasm, a fruitless investment in a cryptocurrency in 2017 only increased my enthusiasm. I therefore decided to study and understand the blockchain and its multiple uses and to transmit information relating to this ecosystem with my pen.

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