It seems like they are not only accepting cryptos but also providing ICO services to cater their funding needs! I have just visited the website of Bank Frick and it seems like they are offering a whole array of blockchain banking products including trading and custodian services.

https://www.bankfrick.li/en/blockchain-banking/crypto-structuring-services

Even though the bank is very small in size, but enough to make a major impact in the world of banking by setting a positive example! Kuddos to Bank Frick management!

Have I got it right? Does the bank sell cryptocurrencies? This is something completely new!

I disagree. Accepting crypto only because it will give you some media coverage and some new clients, while making good business sense for the company in question, isn't exactly a "great use case" for bitcoin on the whole. We want to reach a point where companies want to accept crypto because it is cheaper, faster, easier, safer, etc., than accepting fiat.

In terms of this bank specifically, I was concerned when I read this line in the article:
It says customers will not be required to use their own wallet, but it doesn't say if customers can use their own wallet if they wish to. Trusting a third party institution, such as a bank, exchange, or web wallet, to hold your coins on your behalf has only ever turned out poorly, with such institutions being hacked, shutting down, disappearing, scamming, becoming insolvent, etc. Not your keys, not your bitcoin.

So a bank in Liechtenstein created their own trading platform. Alright. It's a good business move to say the least. I don't see anything special though? It's just a new trading platform and it just so happens that a bank started it. Technically probably no different than other legitimate and regulated trading platforms.

It's cool that instead of fighting the future, some banks are supporting it and finding ways of making profits out of it. Crypto trading is indeed in high demand, and doing it through the bank makes it more official, which can be more comfortable for some people than using popular exchanges.
I have mixed feelings about banks providing services for ICOs. If the bank is able to dive deeply into the project and make sure it's a legit one, then it's great, because it might be a way of throwing scam away from the market. If the bank is mainly focused on profits and is thus only checking whether minimum formal requirements are met by ICOs, it is supporting the market that makes a lot of people lose their money.

Well it is good for both sides they attracted a lot more customers and the crypto gets promoted by them.
So I think it is a win win situation for both parties but when it comes to their ICO I don't really think that the crypto enthusiast would really invest in it .
Crypto is known for being decentralized and banks creating their own ICO would be the other way around for me it seem's like they just want to make some centralized crypto to let them control it and be part of crypto industry.

Traditional banking is feeded by the blood of average people and greedy bankers want all. It is not nice by their side to see a new contender which has the ability to destroy their rigged system with the mathematically correct algorithm. Liechtenstein can not be an exception but they also don't want to miss a train for any case IMHO.

Accepting crypto just for media exposure will not provide long term media coverage. It will only last a short time though it will surely be a great privilege to be endorsed. This kind of news is another point for cryptocurrency because we all know that banks are too competitive with crypto. Knowing that they're accepting crypto is also another chance to spread awareness about it.

It is great that they are finally embracing cryptocurrency and accepting it.
They really are into crypto just look at how much service they are offering the other stuff that they would also do in the future.
I hope that the other banks would also follow their step and accept the change.

So we waited for the moment when the banks themselves will begin to join the blockchain revolution. Although conversations continue that the cryptocurrency market is not large enough to be able to talk about full-fledged expansion, one cannot but see the convenience of the blockchain technology. And apparently once in the news they say that a group of banks is creating their project to secure a payment coin, they will probably soon decide how to settle the blockchain to make it universal.