Smart Valor Unveils Fiat Trading with Bitcoin and Ether in Switzerland

Swiss Crypto Innovation Unleashed

In a thrilling development for the cryptocurrency space, Smart Valor has kicked off trading for four fiat currencies against Bitcoin (BTC) and Ether (ETH). Nestled in Zug, Switzerland’s own Crypto Valley, this integrated exchange and custodian is forging new paths in digital finance.

A Landmark Launch

On July 30, the company announced its long-anticipated launch through a blog post, delighting crypto enthusiasts and investors alike. Smart Valor combines trading, custody, and brokerage in one platform, making it a pioneer of its kind in Switzerland.

“After 18 months of development, we are excited to go live with a core element of the SMART VALOR Platform — the exchange.” – Olga Feldmeier, CEO

The Initial Offerings

The exchange’s launch comes with trading pairs involving major fiat currencies — the Swiss franc, British pound, euro, and U.S. dollar. But that’s not the end of it! Smart Valor promises to continue rolling out new trading options monthly, which could include security tokens pending the necessary regulatory green lights from Swiss authorities.

What’s Next for Smart Valor?

The company has ambitious plans lined up for the next six months. These include:

• Long-term deposit options for fiat currencies
• Introduction of a CHF-based stable coin
• Trading and staking of Smart Valor’s native cryptocurrency, VALOR

Crypto Valley’s Growing Ecosystem

Smart Valor isn’t alone in this crypto renaissance. The fintech scene in Crypto Valley is buzzing, as finance app Aximetria recently received a nationally-recognized Anti-Money Laundering license. Meanwhile, Bitcoin Suisse has thrown its hat in the ring, applying for banking and securities dealer permissions. These developments underscore a vibrant, accelerating environment for blockchain and cryptocurrency innovation.

A High-Tech Custody Partnership

In a further boost to its stature, Smart Valor has partnered with France’s Ledger and the U.S.-based BitGo to enhance its custody services. This collaboration enhances security and reliability for users, which is paramount in the often-tumultuous world of cryptocurrency trading.