Sunday, December 15, 2024

Finma: Grants custody licence to Seba Bank

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

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