{"id":14150,"date":"2022-10-26T18:09:50","date_gmt":"2022-10-26T18:09:50","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/seba-bank-launches-nft-custody-services\/"},"modified":"2022-10-26T18:09:50","modified_gmt":"2022-10-26T18:09:50","slug":"seba-bank-launches-nft-custody-services","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/seba-bank-launches-nft-custody-services\/","title":{"rendered":"Seba Bank launches NFT custody services"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666774636224-4524daad-016f-4c00-96ec-287a2d326322-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666774636224-4524daad-016f-4c00-96ec-287a2d326322-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666774636224-4524daad-016f-4c00-96ec-287a2d326322-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1666774636224-4524daad-016f-4c00-96ec-287a2d326322-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><\/picture><\/div>\n<p>Seba Bank has launched a regulated <a href=\"https:\/\/coinjournal.net\/glossary\/non-fungible-token-nft\/\">Non-fungible tokens (NFTs)<\/a> platform that will enable retail and institutional investors to store their Ethereum-based NFT collections like <a href=\"https:\/\/coinjournal.net\/glossary\/cryptopunks\/\">CryptoPunks <\/a>and Bored Apes. The decline in the NFT market doesn\u2019t seem to be much of a problem for the Swiss crypto-focused bank.<\/p>\n<p>The bank however maintained that it has not integrated any NFT marketplace yet and that it will follow due diligence upon clients\u2019 request before allowing custody for any NFT collection. It also clarified that the custody service is not restricted only to top NFT collections.<\/p>\n<h2>Seba Bank NFT custody platform features<\/h2>\n<p>The NFT custody platform will provide customers with secure storage of their NFTs without managing their <a href=\"https:\/\/coinjournal.net\/glossary\/private-key-secret-key\/\">private keys<\/a>. Clients can integrate the custody platform into their bank accounts to include their NFTs in the total wealth portfolio and manage them just like any other of their assets.<\/p>\n<p>The custody platform makes Seba Bank the first regulated bank to offer NFT custody and the bank sees a bright future for NFTs. Seba Bank is regulated by the Swiss Financial Market Supervisory Authority (FINMA) and has made significant steps into cryptocurrency.<\/p>\n<p>A representative of the bank was quoted by a popular media outlet saying:<\/p>\n<p><em>\u201cWe believe that in the coming years, digital assets, including NFTs, will gain adoption and will be increasingly accepted even by traditional finance operators.\u201d<\/em><\/p>\n<p>Seba\u2019s NFT custody launch, however, comes amid a tough time for the NFT market which has seen its trading volume decline by as much as 98% since the beginning of the year and the weekly NFT trading volume decline by about 30%.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/seba-bank-launches-nft-custody-services\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Seba Bank has launched a regulated Non-fungible tokens (NFTs) platform that will enable retail and institutional investors to store their Ethereum-based NFT collections like CryptoPunks and Bored Apes. The decline in the NFT market doesn\u2019t seem to be much of a problem for [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":14151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14150"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=14150"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14150\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/14151"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=14150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=14150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=14150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}