PartnershipEU

InCore Bank Integrates Entris Banking for White-Label Crypto Trading and Custody

InCore Bank, a Swiss B2B transaction bank, announced the successful integration of the first bank from the Entris Banking Group onto its white-label digital asset banking platform. The integration enables the Entris member bank to offer its clients cryptocurrency trading and custody services powered by InCore's infrastructure. InCore Bank provides the regulated backend for digital asset services, allowing traditional banks to enter the crypto market without developing in-house capabilities.

The white-label model means end customers interact with their existing bank's brand while InCore handles execution, custody, and compliance. This partnership is significant in the Swiss market, where regulatory clarity has encouraged banks to explore digital asset offerings. Financial terms were not disclosed.

The deal signals broader adoption of BaaS models extending beyond traditional banking products into crypto and digital assets.

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Implications
  • BaaS models are expanding beyond traditional banking into digital asset services, broadening the addressable market
  • Swiss banks can now offer crypto services via white-label partnerships, lowering the barrier to crypto product adoption
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