BLOCKCHAIN AND CRYPTOCURRENCIES
The blockchain revolution introduced a lot of new practices to the modern world, especially cryptocurrencies. Blockchain is a technological solution for managing data by consensus in a distributed, decentralised infrastructure in a manner that is both transparent and resistant to manipulation. Blockchain makes it possible to verify decentralised payment transactions involving cryptocurrencies confidently and transparently. Blockchain makes data virtually unmodifiable.
BLOCKCHAIN IS REVOLUTIONISING DIGITAL BUSINESS
When Bitcoin was introduced to the world in 2008, the cryptocurrency was only met with approval by a handful of enthusiasts. Over time, however, it proved its virtues and paved the way for the advancement of blockchain technology and the invention of numerous other cryptocurrencies.
“Cryptocurrency” is an umbrella term for virtual currencies which can be used as digital means of payment. These virtual currencies are known for their extreme volatility, but also for their breathtakingly high yields. This new market is highly promising and its global liquidity is growing. Although the high volatility of cryptocurrencies does mean that their risks are greater, the opportunities they provide are unprecedented. In the field of cryptocurrency, things are no different: we only work with licensed banks and brokers which are under the jurisdiction of a financial regulator and are under its supervision. This guarantees a high level of security even in the extremely sensitive sector that is cryptocurrency.
THE RISE OF CRYPTOCURRENCIES AS A NEW INVESTMENT CLASS
Through their growing use and acceptance, cryptocurrencies have proven that they are no fad and that they have real potential as their own asset class within investment portfolios. The development of cryptocurrencies continues unabated. Whereas just a few years ago Bitcoin and Ethereum were digital currencies used by a handful of computer nerds, all eyes are now on them, including those of private investors and speculative institutional investors. The reason is simple: anyone who purchased Bitcoins for a couple of hundred euros a few years ago is now a millionaire.
The main opportunity offered by cryptocurrencies is to turn parts of the financial system completely on their heads: from the processing of ¬financial transactions to the storage of wealth to the monetary base, many things can transition to cryptoassets.
BANK FRICK - WINBRIDGE CRYPTO-TRADING-ACCOUNTS
With Cryptocurrencies a market potential worth billions has emerged and even more digital assets will establish themselves on the basis of the blockchain technology.
The so-called digital assets are a fascinating asset class. The current macroeconomic environment requires diversification into uncorrelated and untapped performance pools. Our crypto trading accounts help diversify a multi-asset investment portfolio as the crypto asset market is largely decoupled to traditional asset classes such as equities, bonds, fiat currencies and precious metals and has low correlations.
However, there has been little opportunity to gain professional, regulated and bankable access – with direct responsibility with a financial market-regulated Asset Manager – to this new asset class. Until now!
The alliance between BANK FRICK and WINBRIDGE provides investors with diversified exposure to Bitcoin, Ethereum and other major digital assets. Both companies are subject to financial supervision: BANK FRICK is regulated by the Financial Market Authority (FMA) in Liechtenstein and WINBRIDGE as Asset Manager is regulated by the Financial Supervisory Authority (BaFin) in Germany.
Investment Objective
The investment objective is to achieve medium to long-term capital growth by investing in a diversified portfolio of crypto assets:
- following a discretionary approach,
- with pre-defined criteria,
- a quarterly review,
- and rebalancing of its constituents.
This provides investors with exposure to a balanced and evolving portfolio within the crypto-asset universe.
Target return
- Target return of ≥ 20% per year*
THE ALLIANCE BETWEEN BANK FRICK AND WINBRIDGE IS UNIQUE - FOR INSTITUTIONAL INVESTORS AND HIGHLY WEALTHY INDIVIDUALS
- First German licensed crypto Asset Management Company
- Managed accounts for crypto portfolios in accordance with EU guidelines at BANK FRICK
- No ‘crypto wallet’ necessary
- Daily updated account statements
- Investable in EUR/UDS/CHF - and via BTC/ETH
- Intelligent portfolio and cash management
- High custody security through bank and insurance
- More balance through regular rebalancing
*Cryptocurrency trading has inherent risks and opportunities. See also our disclaimer.
LEGAL CERTAINTY FOR VT SERVICE PROVIDERS AND CLIENTS
As one of the leading banks in the regulated blockchain banking field, BANK FRICK welcomes the new Liechtenstein law on tokens and VT service providers that entered into force on 1 January 2020.
VT refers to “Trusted Technologies”, which ensure the integrity of tokens and their disposition as well as the unique assignment of tokens to VT identifiers. VT systems are transaction systems that enable tokens to be securely stored and transferred through trusted technologies (blockchain technology).
The future-oriented blockchain law creates legal certainty for VT service providers and clients, safeguards clients from abuse and cements Liechtenstein’s role as an innovative blockchain hub with global prestige – laying the foundation for the emerging token economy and other innovations.
BANK FRICK - CONTINUITY IN CHANGING TIMES
Bank Frick was established in 1998 by Liechtenstein trustee Kuno Frick senior (1938–2017) together with financial investors. Today, the bank is wholly owned by the Kuno Frick Family Foundation (100 per cent). Bank Frick employs more than 140 people in Balzers and operates a branch in London.
Its unique selling points include outstanding expertise in regulated blockchain banking and in the development of customised fund solutions. Bank Frick is also the only Liechtenstein bank to hold MasterCard and Visa acquiring licences. Bank Frick offers developers and FinTechs a simple API.
PRINCIPALITY OF LIECHTENSTEIN
As part of the European Economic Area, the Principality of Liechtenstein is an integral part of the largest single market in the world. EU legislation, especially in the financial sector, is transposed into national law. The Principality of Liechtenstein is one of the few countries in the world with an AAA rating, representing political and financial stability.