Cryptocurrency

Banks are ready to pile into ether, says ex-Credit Suisse operational risk head

The founder of institutional crypto trading venue Rulematch said that ether is now on banks' wish lists

'I think coming from a banking background gives you advantage' in crypto, David Riegelnig tells FN
'I think coming from a banking background gives you advantage' in crypto, David Riegelnig tells FN

Credit Suisse's former head of operational risk says banks are looking to cash in on crypto this year by piling into ether.

“The kind of queries we receive show that ether is as popular as bitcoin among banks,” David Riegelnig, now chief executive of Swiss institutional crypto platform Rulematch told Financial News. “They don’t just ask about bitcoin, they ask for ether as well; it's on their wish list."

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