For less than 30 million Swiss francs, SEBA is planning to launch its first crypto bank. The bank is aiming to grow internationally and attract institutional investors. It already operates in over 25 markets and is looking to expand in APAC and the middle east. The startup’s founder, Matthew Alexander, has experience as a top financial executive at Julius Baer. He spearheaded the firm’s expansion from $160 billion to $400 billion. Being a small company, SEBA is able to respond quickly to client needs. Compared to larger institutions, with their complex and rigid systems, it is difficult to dedicate resources to new client projects.
The company is pursuing its plan to launch a crypto bank in Switzerland. While the investment model is relatively new, it offers a lot of potential. In particular, SEBA is committed to offering a wide range of services to meet the needs of its clients. With a cost of less than 30 million Swiss francs, the startup can afford to offer an attractive service to its customers.
SEBA is also keen on facilitating digital asset transactions. It is the first European crypto bank to do so. This bank enables Swiss clients to securely store and exchange their digital assets. Moreover, the new company also uses SEBA’s advanced technology to facilitate cross-border payments. This makes SEBA the first crypto bank in Switzerland to be established. The cost of establishing the bank is less than chf 30 million.