Will Bitcoin Suisse Become the World’s First Crypto Bank?

Today’s article is a bit different. Instead of an individual crypto I took a look at Bitcoin Suisse, an innovative crypto company that could become the world’s first crypto bank.

Bitcoin Suisse AG is a crypto company operating out of Switzerland.

It specializes in alternative finance and non-banking assets outside of the traditional financial system. Their focus is on Bitcoin and Ethereum, but they can advise and provide services in other cryptocurrencies as well.

The CEO and co-founder Niklas Nikolajsen.

You can find a good interview with him here.

Niklas did things right. He specifically chose Switzerland as the location to start Bitcoin Suisse because he didn’t want to put in all the time and effort just to have the rug pulled out from underneath him. So he spent two years living in Switzerland and working at a major investment bank (Credit Suisse) before starting Bitcoin Suisse with partners.

Bitcoin Suisse has been active in several lines of crypto business.

For example, in July 2016 started providing payment gateway services to the city of Stadtzug (Zug) in Switzerland. Zug is the first public entity in the world to accept bitcoin as a means of payment. It’s also known as Crypto Valley and home to the Ethereum Foundation and Shapeshift.

Bitcoin Suisse has also been active in running token sales. Melonport, Matchpool, TokenCard, Aeternity, Mysterium, Bancor, Status, OmiseGo, Tezos and Moeda all ran their token sales through Bitcoin Suisse.

It also worked with Falcon Private Bank for it to become the first Swiss bank to offer its clients the opportunity to invest directly into Bitcoin. Received approval from FINMA, the Swiss financial regulatory authority.

Bitcoin Suisse also provides liquidity for the Ethereum Foundation.
The ultimate goal of Bitcoin Suisse is to become a full-service crypto bank.

This is a company to keep your eye on in the crypto space.


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