Spot ETH trading and custody for retail clients and other Swiss banks

Zürcher Kantonalbank has let its clients trade bitcoin and ETH at any hour in ZKB eBanking and Mobile Banking since 4 September 2024, with the holdings shown in their existing portfolio. The bank keeps the private keys itself, and Crypto Finance AG, part of Deutsche Börse Group, executes the trades. It offers the same trading and custody to other Swiss banks as a business-to-business service, and Thurgauer Kantonalbank was its first partner. This is custody of ETH itself, not tokenization.