“The investment fund enables clients of innovative wealth and asset management firms to participate in this upcoming asset class and to further diversify their portfolio in a secure and regulated way,” Bernadette Leuzinger, CEO of Asset Management at Crypto Finance, was quoted as saying.
Guido Buehler, CEO of SEBA Bank, said that, owing to the product’s launch, “asset managers can now offer strategies based on cryptoassets to a broader audience by using Swiss-based mutual fund structures with SEBA Bank as an approved custodian,” adding that they are “excited to enable liquid investment funds to investors using cryptoassets as the underlying investment universe.”
Last June, German stock exchange giant Deutsche Börse Group said it bought a majority stake in Crypto Finance as part of its strategy to build a European digital asset ecosystem.
“With its investment in a moderate three-digit CHF million range, Deutsche Börse will hold a two-thirds majority in the 2017 founded fintech,” the group said.
Set up in 2017, Crypto Finance says it provides asset management solutions, brokerage services for cryptoasset trading, as well as crypto asset storage infrastructure and tokenization solutions.
____
Learn more:
– Swiss Bank Drops Crypto Asset Service Amid U-Turn On Innovation
– Swiss Crypto Train in Motion: Crypto Payments to 85K Merchants, New Tokenised Products
– Swiss Banks About To Get A New Crypto Gateway For Their Clients
– Crypto, Blockchain Firms in South Korea, Switzerland Get Investment Boosts
– Several Swiss Banks Are ‘Ready to Go’ Upon Crypto Gateway Launch – SDX
– Not Staying Neutral: Switzerland Paves the Way for Crypto Regulation
