• Aspen Digital

Global Private Bank LGT Partners With Switzerland’s SEBA Bank To Offer Crypto Services

Daily Market Wrap


  • Crypto market cap: 1.81 trillion, up 5.34%

  • BTC price stands at USD 39,750, up 4.64%

  • ETH price stands at USD 2,944, up 5.30%

  • Top gainer: Zilliqa (ZIL), up 34.46%

  • Top loser: STEPN (GMT), down 0.25%


News of the Day


Global private bank LGT has partnered with Switzerland’s SEBA Bank to offer crypto services.


Why it matters:

  • LGT Bank will initially offer custody and trading services for BTC and ETH, while Seba Bank supports more than 14 cryptocurrencies

  • Since LGT Bank sees the demand for cryptocurrencies among its clients in recent years, it has been offering direct investments in Bitcoin and Ether since May

  • LGT’s crypto services will be fully integrated with traditional assets, enabling clients to easily exchange assets in their existing portfolios


Crypto daily spotlight


Terra plans to provide liquidity for its native stablecoin TerraUSD (UST) on decentralized finance (DeFi) exchange SynFutures


Brief introduction: Terra is a decentralized stablecoin blockchain that uses fiat-pegged stablecoins to power price-stable global payments systems. Terra’s native token LUNA is used to stabilize the price of the protocol’s stablecoins.


Why it matters:

  • SynFutures is a derivatives exchange focused on creating an open and trustless derivatives market by enabling trading on any device with proper price feeds

  • SynFutures is accessible via Polygon, Binance Smart Chain, and Arbitrum. The upcoming UST pairing would further allow DeFi users to gain access to cross-chain markets and trading opportunities

  • Terra and SynFutures said they would work together ahead of the launch of SynFutures V2 such as perpetual futures and other derivatives trading products


Daily sector tracker




Daily News Roundup


  1. Elon Musk Changes His Twitter Profile Picture to BAYC https://bit.ly/3vFGRcD

  2. Japanese Gaming Giant Square Enix Sells Major Franchises to Invest in Blockchain-powered Gaming https://bit.ly/3ye1v5i

  3. Sports Betting Company DraftKings Teamed Up With NFT Company Metabilia https://bit.ly/38StVra

  4. MicroStrategy Suffers $170M Impairment Charge on Bitcoin Holdings in Q1 https://bit.ly/3wngqIb

  5. Vitalik Buterin Says Ethereum Layer-2 Fees Should Be Under $0.05 https://bit.ly/3kCQ0fJ


About Aspen Digital


Aspen Digital is a leading technology and financial services company with a mission to accelerate the mass adoption of digital assets. The company provides a digital asset management solution for asset managers, institutions, and sophisticated investors. Aspen Digital was co-founded by digital assets innovators and asset management veterans at Everest Ventures Group (“EVG”) and TT Bond Partners (“TTB”) in 2021.


For more information, please visit https://www.aspendigital.co/


Sign Up on Aspen Digital

We have launched the beta version of our platform. If you would like to know more, please sign up here.


0 views0 comments