AmaZix Blockchain Token Advisory and Bank Frick in Liechtenstein Partner to Boost Crypto Adoption

AmaZix is the latest blockchain consultancy firm to announce a partnership. The partnership was announced on February 4th, 2019 with Bank Frick in Liechtenstein who has been building an expert reputation for providing cutting-edge blockchain banking services.

The traditional financial sector is still yet to accept cryptocurrency as an alternative source of finance but this situation is changing one institution at a time. Bank Frick is one of the traditional financial institutions that is changing the hesitant nature against a developing cryptocurrency sector. This comes despite the gray area experienced in the jurisdiction of the cryptocurrency industry.

Speaking on the partnership, the ICO head of Bank Frick, Fabio Tomaschett, said the two companies share values in seeing the potential of the industry achieved and global adoption. He further commented saying,

“At Bank Frick, we recognized the potential of these innovations and moved early to secure ourselves in blockchain banking, for which we are specialized in now. […] Through this formal relationship, we will recommend to AmaZix projects who require their services.”

The CFO of AmaZix, Paolo Anziano, was ecstatic with the partnership saying it opens the way for more banking institutions to partner with serious cryptocurrency projects. Paolo said,

“Exchanges, especially, have generally met with eventual success. An example is Coinbase, who recently secured accounts with Barclays in the UK. But we’ve seen even the likes of Bitfinex and Kraken go through their struggles, as the banking industry continues to come to grips with the maturing blockchain and cryptocurrency [industry].”

He believes that a long term and sustainable relationship will be formed by the AmaZix and Bank Frick as the latter focuses on being a leader in blockchain banking and finance.

Jonas Karlberg, the CEO of AmaZix praised Bank Frick which was among the first banks across the world to offer crypto-related products. The bank became the first to issue Europe’s certificate for professionals and financial intermediaries investing in Bitcoin (BTC) and Ethereum (ETH). Notwithstanding the bank developed the first crypto Alternative Investment Funds (AIFs) in Europe.

He spoke confidently on AmaZix’s partnership with Bank Frick saying,

“At AmaZix, we consider ourselves as a cover-all solution for tokenization needs and will be referring to Bank Frick banking customers that meet compliance levels required. We feel there really is no better banking partner at the moment, and for me, it is a great pleasure to be associated with a fellow pioneer at this level.”

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