Bank Frick Has Developed a Crypto Trading Platform for Institutional Investors
A private bank in Liechtenstein has developed a cryptocurrency trading platform. It should provide services for institutional investors.
founded a subsidiary DLT Markets. A newly established firm must provide “fully regulated and secure” cryptocurrency trading for institutional investors.Bank Frick, registered in Liechtenstein,
“We are creating a unique market offering for institutional investors in the area of the new digital token asset class," said Roger Würzel, CEO of DLT Markets.
Earlier, Bank Frick established another subsidiary - Distributed Ventures, which operates as an incubator and accelerator for fintech and blockchain companies. The bank also actively supports ICO and provides custody services for crypto assets.
“In establishing The DLT Markets AG, we are significantly building on our leading position in the area of regulated blockchain banking,” Edi Wögerer, CEO of Bank Frick.
Frick Bank is the only financial institution in Liechtenstein that received licenses from Visa and MasterCard.