02/27/2026 | Press release | Distributed by Public on 02/27/2026 04:26
Zug/Roseau - The Kingdom Bank is planning a location in Zug's Crypto Valley as well as additional branches in Zurich and Geneva. At the same time as presenting its growth plans at the Zug blockchain hub CV Labs, the internationally active digital bank launched its own utility token, the Kingdom Coin.
Zug's Crypto Valley will soon be home to another crypto-friendly digital financial institution: The Kingdom Bank, which was granted a full banking license in the Caribbean island nation of Dominica in 2016, plans to expand into Switzerland. Zug will become its main location in the country, with additional branches planned in Zurich and Geneva. According to an article in Finews, bank representatives made the announcement on 24 February 2026 during an event at the Zug blockchain hub CV Labs. According to management, the process of obtaining a representative license is currently underway.
They also described the decision to choose Zug as a strategic one, given high demand in the Swiss blockchain and fintech scene - especially from companies that struggle to access traditional banking services. According to its own figures, The Kingdom Bank serves over 180,000 customers, around 80 per cent of whom are high-net-worth individuals.
By 2025, the financial institution had reached a deposit volume of 10 billion US dollars. Average annual growth is expected to be 500 per cent. The business model combines traditional banking services with blockchain infrastructure.
At the same time as announcing its expansion in Switzerland, the bank introduced a token, the Kingdom Coin, which will be integrated into its own platform economy. The bank also plans to launch the Kingdom Ventures division in the third quarter of 2026. By the end of the year, it aims to invest up to 20 million US dollars in startups in the fintech, digital banking, and crypto infrastructure sectors.
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