EQIBank, which is taking applications for accounts starting today, is courting customers from the worlds of conventional finance and blockchain, and seems to have a good grasp of both.
“For the first time, customers can manage traditional and crypto assets within a single banking relationship, while accessing a comprehensive suite of services including trading, custody, lending, clearing and settlement,” reads the press release.
So far, so good. It continues:
EQIBank is the first licensed bank to deliver on the potential of blockchain. It provides the most comprehensive financial services ecosystem in the world for anyone looking for a smart, seamless banking experience. For the first time, customers can manage traditional and crypto assets within a single banking relationship.
These things speak to it being a bank that understands the needs of wealthy cryptocurrency holders, and there’s a definite gap in the market for banks that are able to