Celsion Bank
Celsion Bank is a bank in Vaduz, Liechtenstein, built for companies and investors that hold digital assets. The bank keeps business accounts in Swiss francs, euros and US dollars and runs custody, trading and staking of crypto assets on the same platform. The Liechtenstein Financial Market Authority granted the banking license in February 2026, and Celsion Bank began operations in April 2026.
Celsion Bank serves corporates, fintech companies, asset managers, foundations and family offices that work across several currencies and jurisdictions. These clients need one bank that holds their fiat money and their tokens together, so they can move between both without an outside exchange or a separate custodian. Client assets in custody stay legally separated from the assets of the bank.
Business accounts, payments and foreign exchange
Celsion Bank opens multi-currency business accounts in Swiss francs, euros and US dollars, and each currency has its own IBAN. Payments to other banks run over established payment rails and execute on the next business day, while transfers between Celsion accounts settle on the same day. Clients convert between the three currencies at spot market rates inside their account, with no outside FX provider involved.
The treasury service of the bank places client liquidity over short and medium terms, matched to the maturities and liquidity needs of each client. Cash deposits at Celsion Bank are covered by the Liechtenstein deposit guarantee scheme, while crypto assets are held in segregated custody.
Custody, trading and staking of crypto assets
Celsion Bank keeps crypto assets in bank custody with key management based on multi-party computation, an MPC setup that splits control over each key to avoid a single point of failure. Client holdings are recorded separately from the assets of the bank and stay protected if the bank becomes insolvent. For transfers to and from other providers, the bank applies the Travel Rule where it is required.
The trading platform runs around the clock and quotes BTC, ETH, USDC, SOL and other assets against CHF, EUR and USD, with prices from a network of external liquidity providers. Clients place standard and algorithmic orders and read charts from TradingView inside the platform. Celsion Bank plans to add selected crypto derivatives and an API through which clients can connect their own systems for trading. Staking started with Ethereum and Solana, and the staked tokens remain in the custody of the bank while they earn rewards.
Banking license, MiCAR and supervision
The Financial Market Authority Liechtenstein lists Celsion Bank AG in its public register under number 345170, with a license as a bank under the Banking Act recorded on 18 February 2026. The company received this license under its earlier name, Celsion Finance, and announced it on 19 February 2026 together with the plan to open as Celsion Bank.
When operations began in April 2026, Celsion Bank stated at its launch that it is also authorized under MiCAR, the EU regulation on markets in crypto-assets. With this authorization, the bank can serve clients in the EU and EEA, in Switzerland and in further jurisdictions, as far as the local rules allow it.
Management, board and the bankers association
Markus Federspiel is chief executive officer of Celsion Bank, and the management board also includes Holger Schultes as chief operating officer and Harald Siegel as chief financial officer. Lee Weiss chairs the board of directors and is a long-standing executive of Blockchains, Inc., where he was general counsel, COO and CEO. Paul Arni, the vice chairman, was group CEO of VP Bank, and the board also includes the Vaduz attorney Matthias Niedermüller and the former KPMG partner Hieronymus T. Dormann.
On 1 July 2026, Celsion Bank moved from associate to full membership in the Liechtenstein Bankers Association, which represents the banks of the country. Ivo Klein, president of the association, spoke at the official opening of the bank headquarters in Vaduz on 10 June 2026.
Upcoming fintech and finance events in Switzerland
What happened to Celsion Finance?
Celsion Finance is the name under which the company received its banking license from the Financial Market Authority Liechtenstein in February 2026. The company began operations under the name Celsion Bank AG in April 2026, with its seat in Vaduz.
Where is Celsion Bank based?
Celsion Bank AG has its headquarters at Austrasse 77 in 9490 Vaduz, where the bank celebrated the opening of its offices on 10 June 2026. Vaduz is the capital of Liechtenstein, a country between Switzerland and Austria that uses the Swiss franc as its currency.
How to open an account
Private and corporate clients apply through the client onboarding of the bank, which runs the identity and anti-money-laundering checks that a bank must perform. Companies submit their registration documents, details of owners and beneficial owners and a description of the planned business relationship.
Which cryptocurrencies are supported?
At launch, custody covered Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), Cardano (ADA), Solana (SOL), Uniswap (UNI) and the stablecoin USDC. Clients can also deposit other eligible tokens for safekeeping, even where the trading platform does not quote them.
How staking rewards are paid
Celsion Bank credits staking rewards once a month and in full in the staked asset, such as ETH or SOL. The bank charges its staking fees separately in Swiss francs, so the reward in the crypto balance of the client stays complete.
Celsion Bank and Finance Loop
Finance Loop covers banks with crypto custody in the Investment & Digital Assets track, and Celsion Bank belongs there because it holds client tokens and client money in one regulated bank. Celsion Bank was a partner of CV Summit 2026 in Zurich, the conference that CV Labs organized at Kongresshaus Zurich on 29 and 30 September 2026.
Finance Loop is a professional network and has the goal of driving the institutional use of emerging technologies in finance, such as AI, digital payments, cloud and blockchain solutions. Finance Loop helps its members build skills and personal networks in these fields: Investment & Digital Assets, Payments & Digital Money, Digital Infrastructure & Sovereignty, and Risk & Compliance.