Finma: Grants custody licence to Seba Bank
- FINMA is Switzerland’s independent financial-markets regulator. Its mandate is to supervise banks, insurance companies
- SEBA Bank is a pioneer in the financial industry providing a seamless, secure, and easy-to-use bridge between digital and traditional assets
- SEBA Bank has been granted a license to act as a custodian bank for Swiss collective investment schemes
- The CISA licence allows SEBA Bank to provide one of the first institutional-grade custody solutions globally
- This licence allows SEBA Bank to offer Swiss domiciled funds a safe and progressive investment capability
- An important new enabler of liquid investment funds with crypto or other digital assets as an underlying investment class