{"id":8221,"date":"2025-01-17T11:48:01","date_gmt":"2025-01-17T11:48:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8221"},"modified":"2025-01-17T11:48:01","modified_gmt":"2025-01-17T11:48:01","slug":"swissquote-sees-better-than-expected-results-driven-by-crypto-demand","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8221","title":{"rendered":"Swissquote Sees Better Than Expected Results Driven By Crypto Demand"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">Leading Swiss online bank and financial services provider, Swissquote, has <a href=\"https:\/\/files.schedulr.ch\/campaign-files\/1236\/56c0f433-aa62-4fad-808e-724adb85029e.pdf\" target=\"_blank\" rel=\"nofollow\">announced<\/a> that it anticipates exceeding its financial forecasts, driven by a surge in demand for cryptocurrency trading and related services. The bank\u2019s client assets grew 31% on year in 2024.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Swissquote, heightened interest in crypto trading during 2023 has significantly contributed to its performance.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The company\u2019s early adoption of digital asset trading platforms has allowed it to cater to the increasing appetite for cryptocurrencies among retail and institutional investors alike.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Swissquote Expects Results To Beat Views on Crypto Demand <a href=\"https:\/\/t.co\/1IxTXzO5CW\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/1IxTXzO5CW<\/a><\/p>\n<p>\u2014 WSJ Business News (@WSJbusiness) <a href=\"https:\/\/twitter.com\/WSJbusiness\/status\/1880165626360070284?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/uncategorized-en\/swissquotes-crypto-revenue-triples-meanwhile-swiss-authorities-invite-consultation-on-crypto-tax\/\" rel=\"bookmark\">Swissquote\u2019s Crypto Revenue Triples. Meanwhile, Swiss Authorities Invite Consultation On Crypto Tax<\/a><\/strong><\/p>\n<h2><strong>Swissquote Positioning Itself As A Leader In Crypto-Financial Services Sector<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">On 17 January 2025, the company stated that its pre-tax profit for the year is expected to surpass CHF 495 million ($548 million), comfortably exceeding previous market expectations. The bank\u2019s net new money inflows totaled 8.3 billion Swiss francs last year.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The bank attributed the growth to not only to the popularity of cryptocurrencies but also to Swissquote\u2019s diversified portfolio of financial services.\u00a0<\/span><span style=\"font-weight: 400\">By continuously expanding its crypto-related offerings, Swissquote <\/span><span style=\"font-weight: 400\">managed to attract a broad customer base seeking secure and regulated access to the digital asset market.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As regulatory clarity around digital assets improves globally, institutions like Swissquote are well-placed to capitalize on this momentum.<\/span><\/p>\n<p>In August 2024, the company\u2019s crypto revenue tripled compared to the same period last year. This highlights the growing interest and participation in the cryptocurrency market.\u00a0This surge in the trading, investing and banking platform\u2019s revenue underscores the increasing adoption of digital currencies.<\/p>\n<h2 id=\"23-of-the-swiss-population-owns-crypto\">23% of the Swiss population owns crypto<\/h2>\n<p>A Bitpanda survey of more than 6,000 Europeans from Germany, France, Switzerland, Austria and Italy, showed that Switzerland emerged as one of the most crypto-friendly nations globally.<\/p>\n<p>A substantial portion of the country\u2019s population actively participating in the digital currency ecosystem.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The world&#8217;s crypto geography presents an intriguing paradox<\/p>\n<p>The world&#8217;s largest blockchain protocols and foundations are clustered in developed crypto hubs, with <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1e8-1f1ed.png\" alt=\"\ud83c\udde8\ud83c\udded\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Switzerland leading the pack:<br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1e8-1f1ed.png\" alt=\"\ud83c\udde8\ud83c\udded\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Switzerland <br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1f8-1f1ec.png\" alt=\"\ud83c\uddf8\ud83c\uddec\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Singapore <br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> United States<\/p>\n<p>Why?<\/p>\n<p>Regulatory clarity\u2026 <a href=\"https:\/\/t.co\/S5gJEoiaoI\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/S5gJEoiaoI<\/a><\/p>\n<p>\u2014 arndxt (@arndxt_xo) <a href=\"https:\/\/twitter.com\/arndxt_xo\/status\/1812324378371350892?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">July 14, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u201cIn our research, we wanted to better understand how these factors are changing,\u201d said Bitpanda. \u201cSwitzerland was the most crypto-friendly country, with almost a quarter (23%) of the total population already owning cryptocurrencies.\u201d<\/p>\n<p><strong>Read more:\u00a0<a href=\"https:\/\/99bitcoins.com\/uncategorized-en\/bitpanda-survey-says-switzerland-is-the-leading-crypto-friendly-nation\/\">Bitpanda Survey Says Switzerland Is The Leading Crypto-Friendly Nation<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/swissquote-sees-better-than-expected-results-driven-by-crypto-demand\/\">Swissquote Sees Better Than Expected Results Driven By Crypto Demand<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading Swiss online bank and financial services provider, Swissquote, has announced that it anticipates exceeding its financial forecasts, driven by a surge in demand for cryptocurrency trading and related services. The bank\u2019s client assets grew 31% on year in 2024.\u00a0 According to Swissquote, heightened interest in crypto trading during 2023 has significantly contributed to its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8221","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8221"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8221\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}