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Swiss Bank forms a partnership with a Crypto Startup to Expand Its Position in the crypto world

Swiss Bank forms a partnership with a Crypto Startup to Expand Its Position in the crypto world Swiss Bank forms a partnership with a Crypto Startup to Expand Its Position in the crypto world
Das Logo der Firma Hypothekarbank Lenzburg in Lenzburg im Kanton Aargau. (KEYSTONE/Urs Flueeler) (KEYSTONE/URS FLUEELER)

With the aim of “expanding its position in the area,” earlier today, Hypothekarbank Lenzburg AG a financial institution based out of Switzerland announced the formation of a partnership with crypto-focused start-up TokenSuisse.

Founder way back in 1868, Hypothekarbank Lenzburg AG is a bank that has for decades been providing various banking services and products to corporate, private and investor clients.

According to a statement given by the bank, through this new partnership, it plans to narrow the gap between the old and new world of finance.

TokenSuisse is a Swiss crypto-focused start-up that provides IT solutions for investments in digital assets and blockchain technologies.

Also quite notably, back in the first week of  February, an online banking service based out of Switzerland, Dukascopy Bank SA announced its own cryptocurrency Dukascoin (DUK+).