Seba Bank, a cryptoasset banking platform, has announced the completion of an investment round that raised CHF 110 million (US $ 119 million).
Seba Bank
going to invest the received investments in attracting new clients and investors.
“Investments open the way for us to further develop the platform. We intend to strengthen our presence in the global markets and attract new talent, ”said Guido Buhler, CEO of Seba Bank.
Among the investors were the FTX cryptocurrency exchange, the Alameda Research trading company, the digital asset management company DeFi Technologies and the venture capital companies Active, Summer Capital, Ordway Selections.
“We are delighted to be part of the same consortium with Summer Capital and Active. Seba Bank fully meets all the modern requirements of cryptocurrency investors, ”says Jonathan Ordway, head of Ordway Selections.
Seba Bank operates in a Swiss jurisdiction. In September 2021, the platform received a Swiss license to store digital assets, and a month later it launched a program, thanks to which users can receive income from their assets in ADA, DOT, XTZ. In December, the platform launched its own regulated gold-backed token.
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