SMART VALOR and Swiss-based Dukascopy Bank partner on trading and custody of digital assets, making 176 trading pairs available to the customers of the bank through their banking accounts.
SMART VALOR AG (“SMART VALOR”), the first full-service digital asset exchange and investment platform operating under the regulation of Switzerland and Liechtenstein, has partnered with Switzerland-based Dukascopy Bank. The partnership will provide the clients of Dukascopy with the possibility to buy, sell and trade 200 digital assets pairs in an easy and secure way, giving them access to blockchain protocols, (DeFi) Decentralized Finance assets, metaverse assets and cryptocurrencies. At the current stage the parties are finishing 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, Co-CEO of Dukascopy Bank.
About SMART
Smart Valor is a Swiss-based Web3 AI company established in 2017. It provides cryptocurrency AI market intelligence APIs, as well as fully EU-regulated and compliant crypto investment platforms. It provides the trading and custody technology to Banks and merchants. It’s backed by institutional investors including Swiss corporate venture funds financed by global banks such as UBS and other global companies such as Nestle, ABB, Novartis and more.
This information is information that SMART VALOR AG is obliged to disclose in accordance with the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 2022-03-29 at 18.30 CET.
For information, please contact:
Olga Feldmeier, Chairman of the board and Co-founder
Email: olga.feldmeier@smartvalor.com
Certified Adviser
Mangold Fondkommission AB is acting as the Company’s Certified Adviser
Phone number +46 8 5030 1550 ca@mangold.se