Switzerland-based Seba Bank, known for its support of cryptocurrencies, announced that it has launched its custody service for approved NFTs.
Seba Bank, approved (blue tick) Launched storage service for NFTs covering enterprise-grade certified and independently audited hot and cold wallets. Bored Ape Yacht Club, Cryptopunk and CloneX NFT The bank, which takes action upon request from users who have approved NFT products that have reached serious values, such as will provide this service for all approved Ethereum (ETH) based NFTs.
Seba Bank co-chairman Urs Bernegger He made the following statements about the development:
Users don’t want a storage key because they don’t even know how to store and use the key. They’re more afraid of doing something wrong than giving the key to the bank.
Bernegger for crypto users corporate custody It claims to have benefits, too. However, there is an increase in companies offering services where NFTs are used as collateral for traditional banking services such as lending.
Although the famous phrase circulating in the crypto community “If it’s not your key it’s not your BitcoinAlthough there are users who believe in the philosophy of ”, there are different dimensions of security at the core of the business. On-chain analytics platform chainalysisOnly 2.3 million to 3.7 million BitcoinsGuess it is locked in inaccessible wallets whose password is forgotten.
On the other hand, sudden deaths before sharing the wallet access key with their relatives can also leave valuable assets on the blockchain in eternal solitude.