* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, September 23, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

    Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

    Why Hilaria Baldwin Has Found the ‘DWTS’ Process ‘Embarrassing’ At Times – WFXG

    Hilaria Baldwin Opens Up About the Embarrassing Moments on Her ‘DWTS’ Journey

    Harvest Fest 2025 – yadkinripple.com

    Celebrate the Bounty: Harvest Fest 2025 is Coming!

    Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

    Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

    Lara Beitz to headline Oshkosh show with top comedians at Time Community Theater Sept. 27 – Yahoo

    Lara Beitz to Headline Star-Studded Oshkosh Comedy Night on September 27

    Shakespeare (with a twist) in Grand Junction – Yahoo

    Experience Shakespeare Like Never Before in Grand Junction

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Meta to expand Montgomery data hub, pushing total investment to $1.5 billion – Alabama Department of Commerce

    Meta to Supercharge Montgomery Data Hub with $1.5 Billion Investment

    Agentic AI and the future of work: navigating technological promise and the risk of increased automation – Equal Times

    Agentic AI and the Future of Work: Embracing Innovation While Navigating Automation Challenges

    Technology alliance introduces system for stable recycling quality – RECYCLING magazine

    Innovative Technology Alliance Unveils Breakthrough System for Consistent Recycling Quality

    Pepper Pike council considers upgrading technology for streaming meetings, remote meeting participation – Cleveland.com

    Pepper Pike Council Explores Upgrading Technology for Enhanced Streaming and Remote Participation

    How Michelin Uses Technology to Rethink Tire Manufacturing: Interview – Motor1.com

    How Michelin’s Tech-Driven Revolution Is Transforming Tire Manufacturing

    Analysts Offer Insights on Technology Companies: Avnet (AVT), Nvidia (NVDA) and Atlassian (TEAM) – The Globe and Mail

    Experts Share Key Insights on Avnet, Nvidia, and Atlassian’s Future Prospects

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

    Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

    Why Hilaria Baldwin Has Found the ‘DWTS’ Process ‘Embarrassing’ At Times – WFXG

    Hilaria Baldwin Opens Up About the Embarrassing Moments on Her ‘DWTS’ Journey

    Harvest Fest 2025 – yadkinripple.com

    Celebrate the Bounty: Harvest Fest 2025 is Coming!

    Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

    Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

    Lara Beitz to headline Oshkosh show with top comedians at Time Community Theater Sept. 27 – Yahoo

    Lara Beitz to Headline Star-Studded Oshkosh Comedy Night on September 27

    Shakespeare (with a twist) in Grand Junction – Yahoo

    Experience Shakespeare Like Never Before in Grand Junction

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Meta to expand Montgomery data hub, pushing total investment to $1.5 billion – Alabama Department of Commerce

    Meta to Supercharge Montgomery Data Hub with $1.5 Billion Investment

    Agentic AI and the future of work: navigating technological promise and the risk of increased automation – Equal Times

    Agentic AI and the Future of Work: Embracing Innovation While Navigating Automation Challenges

    Technology alliance introduces system for stable recycling quality – RECYCLING magazine

    Innovative Technology Alliance Unveils Breakthrough System for Consistent Recycling Quality

    Pepper Pike council considers upgrading technology for streaming meetings, remote meeting participation – Cleveland.com

    Pepper Pike Council Explores Upgrading Technology for Enhanced Streaming and Remote Participation

    How Michelin Uses Technology to Rethink Tire Manufacturing: Interview – Motor1.com

    How Michelin’s Tech-Driven Revolution Is Transforming Tire Manufacturing

    Analysts Offer Insights on Technology Companies: Avnet (AVT), Nvidia (NVDA) and Atlassian (TEAM) – The Globe and Mail

    Experts Share Key Insights on Avnet, Nvidia, and Atlassian’s Future Prospects

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Switzerland’s Oldest Cantonal Bank Launches Trading and Custody of XRP and Others

October 19, 2023
in Technology
Switzerland’s Oldest Cantonal Bank Launches Trading and Custody of XRP and Others
Share on FacebookShare on Twitter

One of the biggest Swiss banks by assets held, Zuger Kantonalbank, has ventured into cryptocurrency. The bank, which holds over $20 billion in assets, recently started trading and storing XRP and other crypto tokens.

Zuger’s presence in the crypto industry marks Switzerland’s first cantonal bank to initiate a crypto offering.

Zuger Kantonalbank Launches Crypto Trading and Storing Services

Zuger’s move into the crypto industry came through its partnership with Sygnum Bank, a leading virtual asset bank. Though Signum Bank revealed the collaboration deal earlier this month, the announcement went unnoticed.

However, Crypto Eri, a prominent XRP community member, took to X to bring the development to light again on October 19.

This month:
Zuger Kantonalbank Launched Crypto Asset Trading and Storage — #BTC #ETH #XRP #LTC #UNI #MATIC

The Zug Bank has an unlimited government guarantee.https://t.co/VuKttUFzDH
Fun Trivia: 1 in 8 people in Zug are millionaires.🧐 pic.twitter.com/ogB7e2fust

— 🌸Crypto Eri 🪝Carpe Diem (@sentosumosaba) October 19, 2023

According to his post, Crypto Eri stated:

The Zug Bank has an unlimited government guarantee.

Notably, cantonal banks are government-owned commercial banking institutions. According to the announcement, Zuger Kantonalbank’s newly introduced crypto offering comprises six different crypto assets: XRP, Litecoin (LTC), Ethereum (ETH), Bitcoin (BTC), Uniswap (UNI), and Polygon (MATIC).

Also, the canton bank will deploy robust security measures to ensure maximum investor protection in its crypto services. Zuger Kantonalbank was founded in 1892 and is the oldest Swiss cantonal bank.

According to data from the bank’s financial record, it boasts CHF 18.6 billion (equivalent to $20.6 billion) in assets and is one of the biggest banks in the country. Zuger’s operations cut across different aspects of banking services with diversification in the local economy and community within the Zug region.

Significance of Zuger’s Partnership with Signum Bank in Its Crypto Debut

Zuger’s collaboration with Signum Bank forms part of the essential facilitator for its move into the crypto space. The bank will leverage Sygnum’s API-powered business-to-business (B2B) protocol to facilitate its crypto trading and other related services.

More than fifteen Swiss banks and other prominent financial institutions globally utilize the protocol in their operations. Moreover, Zuger Kantonalbank will enable customers easy access to its crypto trading services through its mobile banking platform.

Information on the bank’s official website shows the cantonal bank has started its crypto offering, with initial support for the stated six cryptocurrencies. Further, the bank’s offering of the crypto services is solely for its customers with debit and custody accounts.

It allows clients to buy, sell, and store XRP and other supported tokens via Zuger’s mobile platform. There’s no need for any third-party crypto exchange or external wallet to complete such operations on the platform. Zuger’s recent interest and initiative in crypto assets reflects the increased institutional adoption rate of cryptocurrencies.

Several asset managers like BlackRock, Wisdom Tree, and others have shifted their focus to crypto. Many submitted applications for spot BTC ETFs awaiting the SEC’s approval. Meanwhile, XRP has been in the limelight following Ripple’s victory against the US Securities and Exchanges Commission.

Recently, the largest US-based crypto exchange, Coinbase, introduced XRP futures contracts for non-US Advanced users. As of 06:50 Am EST on October 19, XRP is trading at $0.4825, reflecting a drop of 1.45% over the past 24 hours. Its 7-day price action indicated a slight surge of 0.72%.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TechReport – https://techreport.com/crypto-news/switzerlands-oldest-cantonal-bank-launches-trading-and-custody-of-xrp-and-others/

Tags: oldestSwitzerland'stechnology
Previous Post

Netflix Raises Subscription Prices and Adds More Users Amidst Ongoing Strike

Next Post

Loughborough Uni to create five cyber AI research posts

Tropical biodiversity loss from land-use change is severely underestimated by local-scale assessments – Nature

Tropical Biodiversity Loss from Land-Use Change Is Much Worse Than Local Studies Show

September 23, 2025
NIH launches $50M Autism Data Science Initiative to unlock causes and improve outcomes – National Institutes of Health (NIH) | (.gov)

NIH Launches $50M Autism Data Science Initiative to Uncover Causes and Improve Lives

September 23, 2025
Scientists make incredible discovery that solves dangerous issue with plastic: ‘We can help the world’ – Yahoo

Scientists make incredible discovery that solves dangerous issue with plastic: ‘We can help the world’ – Yahoo

September 23, 2025
10 money lessons Boomers learned young that still shape their life choices – VegOut

10 Powerful Money Lessons Boomers Learned Early That Still Shape Their Lives Today

September 23, 2025
Meta to expand Montgomery data hub, pushing total investment to $1.5 billion – Alabama Department of Commerce

Meta to Supercharge Montgomery Data Hub with $1.5 Billion Investment

September 23, 2025
Packers’ Josh Jacobs dealing with a super concerning rushing stat – Yahoo Sports

Packers’ Josh Jacobs dealing with a super concerning rushing stat – Yahoo Sports

September 23, 2025
U.S. and Israel against the world as Palestine dominates UN week – Axios

U.S. and Israel against the world as Palestine dominates UN week – Axios

September 23, 2025
Global economic outlook weakens as policy uncertainty weighs on demand – OECD

Global economic outlook weakens as policy uncertainty weighs on demand – OECD

September 23, 2025
Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

September 23, 2025
AI Tool Predicts Health Problems in Patients 20 Years Before They Emerge – eWeek

AI Tool Detects Health Issues Two Decades Before Symptoms Appear

September 23, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (833)
  • Economy (853)
  • Entertainment (21,731)
  • General (17,200)
  • Health (9,896)
  • Lifestyle (866)
  • News (22,149)
  • People (856)
  • Politics (863)
  • Science (16,064)
  • Sports (21,353)
  • Technology (15,836)
  • World (837)

Recent News

Tropical biodiversity loss from land-use change is severely underestimated by local-scale assessments – Nature

Tropical Biodiversity Loss from Land-Use Change Is Much Worse Than Local Studies Show

September 23, 2025
NIH launches $50M Autism Data Science Initiative to unlock causes and improve outcomes – National Institutes of Health (NIH) | (.gov)

NIH Launches $50M Autism Data Science Initiative to Uncover Causes and Improve Lives

September 23, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version