Bank Frick was the first financial institution in Liechtenstein, which began offering its clients direct investments in five leading crypto-currencies. In addition, the bank offers "cold" (offline) storage of bitcoins.
As the press release says, now users of Bank Frick can buy bitcoins, Bitcoin Cash, Litecoin, Ripple and Ether for the euro, US dollars and Swiss francs.
We are seeing increasing demand for our crypto-currency services from companies all across Europe. Clients recognize that we can offer reliable support in implementing their business models using crypto-currencies and blockchain within the permissible regulatory framework. We aim to place the quality and service of crypto-banking at par with our traditional banking services. Financial intermediaries such as asset managers and fiduciaries, can leverage our offering to differentiate themselves in the market while adding value for their clients.
Chief Client Officer, Bank Frick
It is also noted that as part of its digital strategy in September 2017, Bank Frick became the first financial institution in the Swiss franc zone, which launched a crypto currency tracker based on BTC and ETH.