Falcon is a private bank with headquarters in Zurich and offices in Dubai, London and Luxembourg.
On June 26th, it announced the introduction of trading and custody for XRP and XLM:
According to the announcement:
“Private and institutional clients of Falcon Private Bank can benefit from regulated, secure and convenient banking solutions for blockchain assets.
Falcon has developed processes enabling a broad range of blockchain assets services – in line with regulatory and compliance requirements. In a nutshell, our blockchain offering includes:
– Investments in Bitcoin, Bitcoin Cash, Ether, Litecoin, XRP and Stellar Lumens
– Buying, custody, selling and reporting of the managed blockchain assets – all in one place
– Acceptance of wealth originating from crypto assets that was subsequently converted into a fiat money”