Swissquote Becomes First Bank to Offer Clients Access to ICOs
Posted: Sun Oct 21, 2018 7:22 am
Swissquote, a Switzerland based banking group, announced today that it has become the first bank in the world to give its customers the opportunity to participate in initial coin offerings (ICOs) via its online platform.
Similar to initial public offerings, ICOs are a new way of funding that use cryptocurrencies instead of traditional fiat currencies. In order to participate in these crowdfunding ventures, consumers typically need to own a blockchain wallet and understand blockchain technology.
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However, Swissquote has removed this hassle – with the whole process achievable through its online platform. To participate ... (read more)