Operating in the heart of the European Union, Luxembourg-based Swissquote Bank Europe is the EU Bank of the Swissquote Group, a global leader in banking and investment services.
With a full bank status in hand, and regulated by the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg’s financial regulatory authority, under the oversight of the European Central Bank, Swissquote Bank Europe offers global access to financial opportunities. It offers international exchanges through self-directed or externally managed accounts in 22 currencies, as well as the tools clients need to make informed decisions and trade with confidence.
At the Digital Assets Awards 2024, The Digital Banker recognised Swissquote Bank Europe as a pioneer of digital asset investing by integrating support for digital asset custody and trading on its investment and banking platforms. Judges for the awards program also noted that Swissquote Bank Europe was the first bank to obtain Virtual Asset Service Provider (VASP) status in Luxembourg, and is still today the only investment fund depositary of digital assets authorised by the CSSF.
Swissquote Bank Europe was the recipient of two awards at the event, earning recognition as the Best Bank for Digital Assets – Europe and as the Best Custody Solutions Provider for Digital Assets.
Pioneering digital trading
Swissquote Bank Europe offers a complete range of banking and investing services including multi-currency accounts, multi-asset brokerage in international equities, bonds, derivatives and investment funds, Lombard loans, life insurance solutions, as well as digital asset trading, staking and tokenisation. The bank also acts as a global custodian and fund depositary for undertaking for collective investment in transferable securities (UCITS) and alternative investment funds (AIFs).
Jeremy Lauret, Head of Direct Investing at Swissquote Bank Europe said: “The bank’s digital asset offering is seamlessly integrated with our multi-asset trading and custody solutions. Supported by our digital platforms and our Luxembourg-based relationship management teams, our private, professional and institutional clients can enjoy a consistent level of servicing for all asset classes we support.”
Kevin Riou, Senior Manager Institutional Business Development, Swissquote Bank Europe, further added: “Our clients can hold their digital assets using our dual custody solutions, trade them on our internal crypto exchange SQX, and set up a tripartite escrow model with external exchanges. We are continuously meeting our client needs by supporting new custody protocols and adding new crypto assets to our exchange.”
