Bank Frick is one of the major lending institutions in Liechtenstein. Now, it offers direct investment options and cold storage for five major cryptocurrencies: Bitcoin, Bitcoin Cash, Litecoin, Ripple and Ether.
The reasons for doing so are very simple. The bank is located in a small country, it has to fight for survival among the bigger and more powerful financial institutions that operate on the EU territory and some of them are well-known international players in the financial market. Bank Frick though was founded in 1998 and doesn’t have such extensive experience like, say, banks, that have been operating for centuries.
Now, the Bank Frick`s services are demanded in the EU, and who knows, if cryptocurrency will be developing with the current tempo, the bank may become a leading financial institution in the financial market.