Subscribe to Our Newsletter
Wednesday June 29, 2022
Bitcoin (BTC) $20,179.00   Ether (ETH) $1,134.25
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Easily Swap USDT (TRC20) & More
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
CryptoNinjas
Home Investment Management

Bank Frick and Bitcoin Suisse launching BTC-ETH tracker certificate as token

Published by CryptoNinjas.net
04/09/2019
Bank Frick and Bitcoin Suisse launching BTC-ETH tracker certificate as token

Bank Frick, a family-run blockchain-friendly Liechtenstein bank, announced today it is issuing an active BTC-ETH tracker, with Swiss blockchain technology firm Bitcoin Suisse acting as the blockchain service provider and prime broker. The certificate is available as both classic security and a token, thus suitable for traditional and blockchain-savvy investors.

The certificate’s underlying assets are Bitcoin (BTC) and Ether (ETH), allowing qualified investors to diversify their portfolios in a simple manner with cryptocurrencies. The certificate is accessible via ISIN and ERC20 token.

Active management

The BTC-ETH tracker will be actively managed. Bank Frick and Bitcoin Suisse form an investment committee that decides on the weighting of the included underlying assets on a quarterly basis. Changing market conditions are taken into account as part of this process. Upon the start of trading today, the crypto certificate is equally weighted. The investment objective of the active BTC-ETH tracker is to participate in the performance of the underlying assets across its two-year term.

Security and expertise

As the issuer, Bank Frick is responsible for the issuing of the crypto certificate, which is aimed exclusively at qualified investors. Bitcoin Suisse acts as a crypto broker and is responsible for the execution of the BTC and ETH transactions via the global crypto exchanges.

Stefan Lütolf, Head of Trading & Brokerage at Bitcoin Suisse, is convinced of the merits of the joint development: “With the active BTC-ETH tracker, we demonstrate our joint expertise and provide investors with a new form of capital market access.”

The cryptocurrencies will be held in safe custody by Bitcoin Suisse using cold storage and multi-signature solutions.

A future-oriented capital market solution

The issuing of the active BTC-ETH tracker as both classic security and a token is pioneering. The two European first movers in the field of crypto financial services, Bank Frick and Bitcoin Suisse, are thus underlining their claim of developing innovative products in order to anchor blockchain banking on the market.

“The product’s design demonstrates the innovative capacity that links Bank Frick and Bitcoin Suisse,” emphasizes Raphael Haldner, Head of Funds and Capital Markets at Bank Frick. “With our certificate, professional market participants benefit from a future-oriented capital market solution.”

25
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto provider Bitcoin Suisse picks Atfinity to enhance AML/KYC setup

03/24/2022
Crypto provider Bitcoin Suisse picks Atfinity to enhance AML/KYC setup

Bitcoin Suisse, a Swiss crypto-finance and technology provider, announced today that it partnered with software company Atfinity to further enhance its AML (anti-money laundering) processes and streamline its KYC (know your customer) set-up. Atfinity...

Read more

Crypto services platform Bitcoin Suisse integrates Bitcoin Lightning technology

11/10/2021
Crypto services platform Bitcoin Suisse integrates Bitcoin Lightning technology

Bitcoin Suisse, a Switzerland-based crypto-financial services company, is today announced the availability of Bitcoin Lightning technology for its crypto payment solution. The introduction of the second-layer Bitcoin solution will offer instant transactions at lower...

Read more

Worldline and Bitcoin Suisse go-live with crypto payment solution in Switzerland

08/23/2021
Worldline and Bitcoin Suisse go-live with crypto payment solution in Switzerland

Worldline, a European payments services provider, and Bitcoin Suisse, a Swiss crypto services company, recently announced the go-live of their omnichannel crypto payment solution. Now, more than 85,000 merchants in Switzerland using Worldline point-of-sale...

Read more

Bitcoin Suisse increases depositor bank guarantee to CHF 110M

02/23/2021
Bitcoin Suisse increases depositor bank guarantee to CHF 110M

Bitcoin Suisse, a Swiss-based bitcoin and crypto investment platform, today announced it has increased its default bank guarantee from an AA-rated Swiss bank by another CHF 30 million to now CHF 110 million. This...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Polygon DAO integrates DiD service to prevent hostile takeovers and whales

Polygon DAO integrates decentralized ID service to prevent hostile takeovers and whales

06/22/2022
Blockchain data platform Chainalysis introduces 'Crypto Incident Response Program'

Blockchain data platform Chainalysis introduces ‘Crypto Incident Response Program’

06/22/2022
Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

06/23/2022
CoinLoan integrates crypto analytics platform Elliptic to guard users from threats

CoinLoan integrates crypto analytics platform Elliptic to guard users from threats

06/23/2022
Crypto market data provider Kaiko raises $53M in Series B

Crypto market data provider Kaiko raises $53M in Series B

06/28/2022
NinjaTrader, Tradovate offering Nano Bitcoin futures from Coinbase Derivatives Exchange

NinjaTrader, Tradovate offering Nano Bitcoin futures from Coinbase Derivatives Exchange

06/27/2022
Fintech services platform Colendi acquires enterprise blockchain company SETL

Fintech services platform Colendi acquires enterprise blockchain company SETL

06/27/2022
Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

06/23/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy