MoraBanc will offer digital assets in Andorra

by time news

2024-03-02 11:00:53

The Andorran entity MoraBanc has announced that it is the “first” bank in the Principality in receiving authorization to guard and provide access to the markets of digital assets to its clients in Andorra, and will initially offer it to the high net worth segment.

The entity highlights this Wednesday in a statement that the offer of these services is of high added value and that it will be progressively activated in order to “democratize” access to new investment possibilities.

It will be a “safe and secure” space for the client to store their investments and digital assets, and MoraBank has assured that it has the most advanced technology in the digital asset custody market.

Initially, the market access service will be available to private banking clients; In the coming months the bank will integrate it into digital banking, and the client will be able to access the digital asset market in the same way as other types of investments.

During 2024, different services related to digital assets that until now were not available in Andorra will be activated, the entity adds.

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