One of the world's most trusted crypto banks, the Swiss-based SEBA Bank has recently extended its services covering blue-chip NFTs. According to the institution’s officials, SEBA is to provide premium NFT holders with new digital asset custody services, allowing the clients to store their valuable tokens securely without dealing with private keys.
The Zug-headquartered digital asset bank launched the premium NFT custody service on October 26th. The new solution guarantees 100% protection of the clients’ assets from phishing and crypto wallet hacks, allowing collectors to sleep soundly at night.
The new services cover the most expensive Ethereum-based NFTs like those in BAYC or CryptoPunks collections, some of which are worth millions. In other words, only NFT whales and institutional investors, whose collections include digital assets valued at $100,000 and above, can count on the safe storing of their rarities with SEBA.
“As a licensed and FINMA-regulated Swiss bank with core competence in cryptocurrencies and digital assets, we enable all of our clients to handle traditional and digital assets securely. We have the knowledge, established processes, and above all, a custody solution that is ISAE 3402 certified and established by independent bodies,” Urs Bernegger, Co-Head of Markets & Investment Solutions of SEBA Bank stated.
Founded in 2018, SEBA entered the market as a crypto banking service. Almost in no time, the bank scaled its services, covering trading and custody for institutional investors. A year after, SEBA became the first crypto asset institution to get a license from the Swiss Financial Market Supervisory Authority (FINMA). Summing up everything above stated, SEBA is entitled to be called the first bank to offer NFT custody.
While SEBA Bank’s NFT custody service seems to be a great security solution for collectors, the novelty is doomed to become a highly-demanded service from the very launch. And what is your opinion on the matter? Share your thoughts with our community on socials.