Online Swiss Bank, Dukascopy Bank, on 28 February launched its own cryptocurrency Dukascoin (DUK), through the initial offer tokens. According to the statement of Dukascopy, he became the first regulated financial institution that started ICO.

Initially, the ICO launch was scheduled for March 1, but after the announcement of the Mizuho Financial Group plans to launch its own cryptocurrency J-in Coin of the same date, Dukascopy decided to get ahead of the Japanese Bank.

Original DUK tokens will be offered as a reward for the clients of Dukascopy. People will be able to for using messenger Connect 911 created by the company. In addition, online Bank confirmed the holding of airdrop — every client will receive five tokens for opening an account the MCA, the same amount will be paid referrals.

Subsequently Duskacoin will be traded in the secondary market within the Bank, said co-founder and CEO of Dukascopy Andre Duka (Andre Duka). He confirmed that Duskacoin released on the Ethereum Protocol ERC20.

Recall that plans to launch its own cryptocurrency previously stated such banking giants like JPMorgan Chase U.S. and Japanese Mitsubishi UFJ Financial Group.