Zug, February 29, 2024 – Bitcoin Suisse has achieved significant milestones in two of its core business areas, custody and staking, with both sectors reaching new highs in client assets. This accomplishment highlights the strong demand for Swiss-based, cutting-edge digital asset services accompanied by the highest security standards. For institutional investors, the offering has been extended by a unique Blue-Chip Crypto Index in partnership with STOXX with an index based smart selection Crypto ETP planned to be launched soon.
The company recently surpassed the CHF 5 billion mark in Assets under Custody, solidifying its position as Switzerland's largest crypto custodian. Bitcoin Suisse's custody solution is distinguished by its exceptional security measures, with crypto assets stored on separated blockchain addresses and further bolstered by Switzerland’s DLT legislation. Clients can opt for an additional layer of security by choosing the Bitcoin Suisse Vault, the institutional grade, audited cold storage solution.
Additionally, Bitcoin Suisse has surpassed CHF 2 billion in assets within its staking service. Offering nine staking currencies, Bitcoin Suisse is one of the world's leading custodial staking providers: Back in 2015, the pioneer supported the Ethereum Foundation Crowdsale. In 2020, clients of Bitcoin Suisse committed 17% of all ETH needed for the launch of PoS Ethereum. Ethereum, one of the most staked crypto assets by Bitcoin Suisse clients, today accounts for over two thirds of the total Assets in Staking.
The recent addition of MATIC (Polygon) to the staking offering and offering full support for Celestia as the first Swiss crypto-financial service provider demonstrates the company's commitment to expanding its staking services and supporting new currencies. With Celestia, the first modular blockchain network, Bitcoin Suisse's integration from day one has proven to be a sounding success: Since the launch, the company has swiftly positioned itself as one of the largest validators for Celestia worldwide. Bitcoin Suisse’s in-house staking team carefully reviews emerging blockchains on a continuous basis and maintains close relationships to all major staking protocols within the crypto ecosystem.
Andrej Majcen, CEO of Bitcoin Suisse, said, "These achievements reflect the trust our clients place in us and are a testament to our commitment to professionalism that Bitcoin Suisse delivers since more than ten years. Our extensive experience in the market positions us as an excellent choice for clients seeking a partner with deep industry knowledge, delivering on technological excellence, as well as on highest security and compliance requirements.”
The partnership with STOXX, the leading European equity indices provider, allowed Bitcoin Suisse to develop its institutional offering further, with the introduction of the first STOXX Blue-Chip Index powered by Bitcoin Suisse in December 2023. Based on the continuously updated Bitcoin Suisse Global Crypto Taxonomy, the Index allows qualified investors unique access to fundamental and technical analysis as well as measurable on-chain data and will serve as underlying for crypto exchange-traded products in the future.
Andrej Majcen adds “The industry continues to mature, with crypto proving as a new digital asset class. Established investment products known from the traditional financial sector such as our Blue-Chip Index in partnership with STOXX support this trend by providing a professional tool for market participants to make informed investment decisions. It is great to see specialized and institutional-grade companies such as Bitcoin Suisse at the forefront of this evolution and we are excited for the launch of an Index based Crypto ETP to come soon.”
