In the third quarter of 2022, there were 2.2 million unique investors in the NFT market. This asset class has been growing steadily for several years. But, the more it matures, the more effort must be made to ensure its safety. Moreover, investors do not hesitate to show that they want more professionalism in the way their assets are managed. To this end, SEBA Bank has decided to offer a custody solution for NFTs.
A platform to hold prime NFTs
SEBA Bank has recently present its new product entirely dedicated to the first-rate NFT of its customers. It is a regulated solution suitable for the conservation of tokens not fungible. SEBA Bank intends to provide a safe and secure platform on which NFTs will be professionally managed. Note that the Swiss crypto bank’s NFT custody solution is institutional grade.
Despite its level, the platform has been designed for both individuals and institutions. Bank customers will be able to store any NFT based on Ethereum (ERC-721). The custody solution is notably compatible with the famous NFT collections Bored Apes, CryptoPunks and Clone X. Customers will be able to manage their NFTs with confidence, while leaving the management of the private keys to the good care of SEBA Bank.
A fully certified and audited solution
The bank said its goal is to provide customers with the ability to take advantage of the highest security standards for storing their digital assets. To do this, SEBA Bank offers a custody solution ISAE 3402 certified and independently audited. Furthermore, the company states that it is “proud to be the first regulated bank to offer NFT custody“.
SEBA Bank’s co-head of markets and investment solutions commented on the launch of the bank’s new product. Urs Bernegger indeed said: “As a FINMA-licensed and regulated Swiss bank with core expertise in crypto and digital assets, we enable all our clients to manage traditional and digital assets securely“.
For Urs Bernegger, “the range of services combined with the highest security standards makes SEBA Bank’s service offer unique“. Additionally, the bank is proud to be able to support its customers by expanding its service to NFT custody.
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