The decline in the NFT market was not a problem for Switzerland-based Seba Bank. Seba Bank announced that it will offer NFT custody services to its clients.
Seba Bank announced that its NFT custody service allows its retail and institutional clients to store any Ethereum-based NFT, including world-renowned NFT collections such as Bored Apes and CryptoPunks.
A representative from Seba Bank expressed confidence in the future of NFTs, noting that they are "the first legally regulated bank to offer NFT custody":
"We believe that in the coming years, digital assets, including NFTs, will gain adoption and will be increasingly accepted even by traditional finance operators."
