The Switzerland-based banks – – Leonteq AG – revealed it partnered with ICF BANK AG to present digital asset offerings to institutional financiers along with private customers in Germany and Austria. The effort would approve financiers direct exposure to 18 cryptocurrencies, including the leading ones, Bitcoin (BTC) and Ethereum (ETH).
Leonteq Stretches out of Switzerland
Leonteq AG – – a Swiss firm focusing on structured financial items – announced it would enable investors in Germany and Austria to run with 18 cryptocurrencies. These consist of Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, Cardano, and more.
The fintech company further exposed that its partner is the Frankfurt-based institution – – ICF BANK AG. Björn Geidel – – Head of Crypto Offering at Leonteq – – noted that the Swiss organization now covers nearly 76% of the total market capitalization of the asset class in the German and Austrian locations.
“We are happy to provide our clients such a broad underlying universe and distinct investment chances in different styles within the crypto area such as decentralized financing, storage or blockchain technologies in a securitized format” – – he