Swissquote, a Swiss online bank and pioneer in cryptocurrency trading, continues to expand its market position, the bank said in a statement today.
Since July 2017, it has been possible for the firm’s private clients to invest in cryptocurrencies.
The bank is also offering institutional clients the opportunity to enter into professional crypto-trading and custody, to drive its digital business forward now.
Swissquote announced today that Chris Thomas will take on this task as head of digital assets.
Thomas will focus on expanding the institutional product range, mainly offering services to asset managers, hedge funds, private banks and family offices.
Two decades of financial industry experience
Thomas brings over 20 years of professional experience in the financial industry to his role.
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He previously worked in sales and trading for European banks in London and Geneva, including UBS, Societe Generale and BNP Parisbas.
Thomas also ran European innovation for Fidelity Investments as the firm’s head of European Innovation Ecosystem. In this role, he focused on detailed research assignments, strategy sessions, and establishing relationships.
He also built some successful startups earlier in his career. A serial entrepreneur, his startup experience includes founding three ventures and consulting on several more in the areas of digital currencies, fintech, artificial intelligence and big data.
Thomas also held board roles at the bsi, IFS, and SwapsBall.
He remains active in the European Innovation Ecosystems, mentoring at accelerators and forming connections with VCs and technology startups in Europe.
Thomas’ career began at City Fund Management in 2003, where he served in proprietary trading of German bund options on a relative value basis.