Today Swiss digital asset bank SEBA said it received a license from the Swiss Financial Market Authority (FINMA) to act as a custodian bank for Swiss collective investment schemes.
“Two years ago SEBA Bank received a Swiss banking and securities firm licence and is now enjoying excellent business momentum as institutional adoption of crypto & digital assets accelerates globally,” said Guido Buehler, CEO of SEBA Bank.
“With our new CISA licence, SEBA Bank continues its pioneering role in the institutional digital asset space. Asset Managers can now offer strategies based on crypto or other digital asset underlyings to a broader audience utilizing Swiss-based mutual fund structures secured by SEBA Bank as the CISA-licensed custodian.”
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