Crypto-friendly bank Seba launches secure custody service for non-fungible tokens (NFT) – Bitcoin Crypto Advice

After launching a staking service Ethereum (ETH) for its institutional clients, the crypto-friendly bank Seba announces the arrival of a secure custody service for non-fungible tokens (NFT).

Aware that many individuals or professionals are afraid of being steal their valuable NFTs, some of which can be worth millions of dollars, the bank wants to offer secure storage services for these new-fangled digital collectibles.

โ€œSEBA Bankโ€™s institutional-grade custody platform now enables its customers, individuals or institutions, to securely store all Ethereum-based NFTs (ERC-721), including renowned collections such as Bored Apes, CryptoPunks and Clone X. SEBA Bank’s custodial solution offers its customers absolute confidence in the security of their NFTs without having to manage the private keys themselves. โ€œ, can we read in the communicated form the bank.

If big brands such as March, Nike, Puma, LG, eBay, MattelWhere Starbucks have recently embarked on the promising business of NFTs, banks are now investing in this sector which will generate billions of dollars in the future.

Seba’s original initiative should logically appeal to individuals and companies who do not want to manage the private keys of their NFTs and sleep peacefully at night without fear of possible hacking by hackers.

Urs Bernegger, co-head of markets and investment solutions at SEBA Bank, said:

โ€œAs a FINMA-licensed and regulated Swiss bank with core competence in cryptocurrencies and digital assets, we enable all of our clients to manage traditional and digital assets securely. We have the know-how, established processes and above all an ISAE 3402-certified custody solution established by independent organizations. The range of services combined with the highest security standards makes SEBA Bank’s service offering unique and we are very pleased to be able to support our customers with our expertise in expanding our service by offering NFT custody. ยป

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As a reminder, SEBA Bank AG (formerly SEBA Crypto AG) is a regulated bank in Switzerland which has received FINMA approval.

Seba Bank arrived in France at the end of 2019, it is also present in other countries including Singapore, Hong Kong, United Kingdom, Italy, Germany, Austria and Portugal.

Crypto bank Seba additionally offers a crypto wallet app, SEBA bank cards that support cryptocurrencies including: Bitcoin (BTC), Ethereum (ETH), Stellar(XLM), Litecoin (LTC) and Ethereum Classic (ETC).

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Crypto-friendly bank Seba launches secure custody service for non-fungible tokens (NFT) – Bitcoin Crypto Advice


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