SEBA Bank Offers Blue-Chip NFT Custody

SEBA is a Swiss bank with a license and supervision that offers a seamless, secure, and user-friendly bridge between digital and traditional assets. You can securely trade and manage your cryptocurrency, digital assets, and traditional securities all in one location with SEBA.

SEBA was first launched in 2018. It offered institutional investors cryptocurrency trading and custody services. It was granted a license by the Swiss Financial Market Supervisory Authority (FINMA) to provide banking, securities, and other services in 2019, making it the first digital asset business to do so.

Blue chip or premium non-fungible tokens (NFT), such as Bored Apes and CryptoPunks, are now covered under cryptocurrency bank SEBA’s digital asset custody services.

Celeb purchasers, like Justin Bieber, Madonna, and Eminem, have frequently paid seven-figure sums for some of the priciest NFTs, including those in the CryptoPunks and Bored Ape collections.

NFTs can still be purchased for prices above $100,000, despite the market’s recent natural cooling, which reflects the circumstances in the broader crypto market.

For a company, like SEBA Bank, offering a custody service to institutional investors in the digital asset sector would be a logical step.

SEBA supports more than 16 cryptocurrencies

The bank will only accept ERC-721 NFTs, the same token standard used by renowned collections, like Bored Ape Yacht Club and CloneX. With a limited number of staking possibilities, SEBA supports more than 16 cryptocurrencies and focuses on lending and safekeeping of Bitcoin.

Swiss banks are among the safest for digital assets in the world

This happened after platforms turned swiss banks to use digital assets from traditional ones. Swiss banks are among the safest in the world, with solid anti-fraud measures, making the Alpine nation a favorite choice for companies and individuals wishing to preserve their capital.

Modern custody solutions, including “hot storage” and “cold storage” crypto wallets, have been implemented by companies, like Sygnum and SEBA, in the digital version of the nation’s Alpine gold vaults.

In addition, SEBA has created the “Faraday Cage,” a specially constructed radio frequency-shielded vault guarded by several biometric access restrictions, to assure the utmost security of the gear used to store cryptographic keys.

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