Zondacrypto, a European cryptocurrency exchange, is expanding into Switzerland through a partnership with Incore Bank. The new branch will be located in Zug's Crypto Valley.

Zondacrypto, founded in Poland in 2014, holds licenses and memberships in several countries, including Estonia, Italy, Cyprus, Canada, Slovakia, Poland, Lithuania, and now Switzerland. Incore Bank will provide services such as custody and trading of digital assets, as well as access to regulated liquidity pools.

Mark Dambacher, CEO of Incore Bank, expressed pride in partnering with Zondacrypto and emphasized the importance of bridging traditional finance with the regulated digital asset ecosystem. Guido Bühler, a co-founder of Seba and a board member at Zondacrypto, highlighted the unique offerings available to Swiss customers, focusing on user experience, security, and regulatory compliance.

This partnership is the first step in Zondacrypto's plans to collaborate with additional partners in Switzerland. The company is also a member of the Swiss Blockchain Federation and the self-regulatory organization VQF, demonstrating its commitment to operating within the regulatory framework of the Swiss financial landscape.