Swiss SEBA Bank Launches “Dual Currency Certificate” For Tapping Volatile Bitcoin/USD Trading Market

    Switzerland’s SEBA Bank launches an innovative investment product that takes advantage of bitcoin’s high volatility
    The Dual Currency Certificate on BTC/USD offers an easy entry into the cryptocurrency market and an attractive return
    The potential loss associated with bitcoin is offset by a yield of 3.23% for a fixed three-week, 2 days term (annualized yield of 44.70%) 
    The certificate is publicly distributed in Switzerland and is available in other countries ) as a private placement 

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    SEBA, BTC, USD, Invest, Institutional, swiss, switzerland, bank

    Switzerland's SEBA Bank has developed a USD Dual Currency Certificate for BTC/USD, aimed at investors who wish to benefit from the high level of the cryptocurrency’s volatility.

    This is part of SEBA Bank's kicking off of a strategic series of recurring structured products on digital assets. The investors’ needs for security with regard to potential issuer risk are addressed through full collateralization of the issuing vehicle and a guarantee from SEBA Bank.

    Guido Bühler, CEO of SEBA Bank AG, said:

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    “The launch of the Dual Currency Certificate on BTC/USD shows how traditional banking and crypto finance are converging. Investors benefit both from the stability of a fully-regulated Swiss bank and from the yield opportunities offered by the crypto markets.”

    Stefan Schwitter, Head of Investment Solutions at SEBA Bank AG, added:

    “This is an ideal product for entry into the world of digital assets with a simultaneous yield optimization.”

    Investors can conveniently purchase the product through their existing banking relationship during the subscription period from 24 June to 07 July 2020 at 10 a.m. CET.

    seba, graphic, product, btc-usd

    SEBA Bank is a pioneer in the financial industry and builds bridges between the digital and traditional banking worlds. The team combines tech, crypto and cybersecurity experts with experienced bankers. SEBA was founded in April 2018 and is based in Zug. As one of the first financial service providers specializing in digital assets to receive a banking and securities dealer license from the highly-regarded Swiss Financial Market Supervisory Authority (FINMA). SEBA offers a wide range of services in both traditional and digital banking that meet the highest security and compliance standards. SEBA enables its clients to invest in digital and traditional assets, safeguard them, and trade with them as well as to issue tokens.

    For further information on the Dual Currency, Certificate see here: https://www.seba.swiss/financial-products/dual-currency-certificate


    Also published on Medium.