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Promising Developments for 5 Altcoins, Including XRP and Avalanche (AVAX), Courtesy of the Swiss Government-Backed Bank!
Encouraging news has emerged for XRP, Solana (SOL), Cardano (ADA), Avalanche (AVAX), and Polkadot (DOT) from PostFinance, a financial institution fully owned by the Swiss government.
Written by:
Elif Azra Güven
02.07.2024 – 13:02
Last Updated: 22 minutes ago
0
While the Bitcoin and cryptocurrency markets are experiencing a period of relative stability, a positive announcement has been made by PostFinance, a Swiss government-owned bank, regarding XRP, Solana (SOL), Cardano (ADA), Avalanche (AVAX), and Polkadot (DOT).
PostFinance, a major player within the Swiss financial landscape, has disclosed that it now provides trading and custody services for XRP, SOL, ADA, AVAX, and DOT to its clientele.
“We are delighted to announce the availability of trading and custodial services for Avalanche, Cardano, Polkadot, Ripple, and Solana,” the official statement declared.
Shared by Cardano originator Charles Hoskinson!
The founder of Cardano, Charles Hoskinson, reacted to the recent ADA development by PostFinance through a post on his X account, reflecting on his enduring relationship with the bank.
“Interesting Fact: During our time at Ethereum, PostFinance stood as one of our earliest banking collaborators. Their approach was consistently amicable and collaborative,” Hoskinson shared.
In response to Hoskinson’s post, the PostFinance team reciprocated: “Greetings, it’s always a pleasure to reconnect with old acquaintances! We are thrilled to incorporate Cardano into our array of cryptocurrency offerings,” they expressed.
Hey there, it’s always nice to see old friends! We are pleased that Cardano now forms part of our crypto offering.
— PostFinance (@PostFinance)
July 2, 2024
In April 2023, PostFinance had forged a partnership with Sygnum Bank to introduce cryptocurrency services. This alliance empowers PostFinance customers to engage in the purchase, storage, and sale of cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) utilizing Sygnum’s B2B banking platform.
*This communication does not constitute investment advice.
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