SMART VALOR and Swiss-based Dukascopy Bank partner on trading and custody of digital assets

At the current stage the parties have finished mutual onboarding and technical implementation connecting their systems through APIs. The service will be made available to the customers of Dukascopy Bank during Q2 2022.

"As digital assets quickly evolve into the fastest growing alternative asset class, we are observing a growing interest from the side of traditional financial institutions to offer digital assets to their customers.  Our new B2B offering "Crypto-as-a-Service" is aimed at helping banks and fintech companies to significantly reduce time-to-market and save investment costs. As a fully compliant, registered exchange and custodian, we provide our partners with regulatory coverage and ensure compliance procedures  are carried out in accordance with the EU AML Directive", said Olga Feldmeier, Board Chairman and co-founder of SMART VALOR.

Dukascopy is a Swiss innovative online bank based in Geneva, providing internet based and mobile trading services (with focus on foreign exchange, bullion and CFD), banking and other financial services through proprietary technological solutions.

"In recent years, Dukascopy Bank has greatly advanced in its crypto services offering for retail, corporate and institutional clients. Further development in the crypto domain has taken a firm place in the long-term strategy of the Bank. In this context, Dukascopy is making an explicit endeavor to establish new partnerships with strong Swiss and non-Swiss fintech companies. We are very pleased to start cooperating with SMART VALOR and see great potential for us and for our clients. The Bank also intends to list its own token Dukascoin on the SMART VALOR exchange", says Dr Andre Duka, CEO of Dukascopy Bank.