Swiss digital asset financial institution Seba completes capital increase

All current key shareholders and new buyers from Switzerland, Europe and Asia participated within the capital increase. With this strategic milestone SEBA Financial institution is nicely positioned to additional deploy its home and worldwide enlargement and seize excessive progress.

SEBA Financial institution has right this moment secured fairness capital which can additional strengthen its capital base, and this new fairness will enable to broaden the product and repair providing, improve SEBA Financial institution’s lending capability for purchasers and begin leveraging the established hub in Switzerland into new markets.

SEBA Financial institution will tokenise its shares of the Sequence B fundraising quickly after the blockchain legislation will come into pressure in Switzerland.

The capital increase follows the completion of our main built-in digital and conventional funding platform. SEBA Financial institution will leverage its distinctive differentiators together with:

Most safe custody and pockets providers with army grade safety resolution
Prime built-in buying and selling platform together with spot, derivatives and credit score
Finish-to-end tokenisation platform throughout whole lifecycle of digital belongings and currencies
Large providing of funding merchandise and discretionary mandates supported by institutional grade purchase facet analysis

Guido Bühler, CEO of SEBA Financial institution, states: “I’m delighted that the strengths of SEBA Financial institution and its monitor file in 2020 have been recognised by our current key shareholders and new buyers main them to take part in a second capital increase. This assist will enable us to speed up the sturdy progress SEBA Financial institution is delivering as we additionally plan to broaden into new markets in Center East and Asia and assist US institutional purchasers.”