Spot ETH trading and custody for retail clients

Luzerner Kantonalbank has let its clients buy, sell and hold bitcoin, ETH and USD Coin in its e-banking since early March 2024, on infrastructure built into its own core banking system. Since 1 October 2024 clients have been able to move bitcoin and ETH between other wallets and their LUKB securities account in both directions. Since 25 September 2025 LUKB has accepted bitcoin and ETH as collateral for Lombard loans. This is custody of ETH itself, not tokenization.