Swiss Bank Offers New Bitcoin Yield Product for Wealthy Clients
Arab Bank Switzerland has a new offering for its high-net-worth clients looking to earn returns on their Bitcoin. The bank has partnered with XBTO to introduce an actively managed yield product based on XBTO’s “Diamond Hands” strategy.
According to a press release, this collaboration represents one of the first times a traditional Swiss private bank has provided a direct yield service for Bitcoin.The product aims to generate returns while accumulating Bitcoin during market downturns,appealing to clients who wish to keep their digital assets active.
Romain Braud, Head of Digital Assets at Arab Bank Switzerland, highlighted the integration of this service into the bank’s wealth management. He saeid, “Our clients increasingly seek ways to generate returns on their Bitcoin in a risk-managed way. This offering sets us apart as the first traditional Swiss bank to provide a fully integrated Bitcoin yield product under our brand.”
Arab Bank Switzerland builds on its existing Bitcoin custody services. This move may encourage other banks to offer similar services, further integrating crypto into mainstream private banking. XBTO’s strategy gains legitimacy through this collaboration, bridging institutional crypto strategies with traditional wealth management.
- The product combines XBTO’s strategy with the bank’s digital asset infrastructure.
- It offers a regulated, client-facing structure for generating Bitcoin returns.
- Partnership could accelerate crypto adoption in private banking.
This development shows crypto’s growing acceptance in private banking, offering a regulated and managed choice for wealthy clients.
