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Matrixport Completes Swiss Crypto Asset Firm Buy, Expands Presence in Regulated Markets

CFN Feature Crypto
  • Matrixport finalizes its acquisition of Crypto Finance (Asset Management) AG, expanding its regulatory footprint in Switzerland.
  • The acquisition forms Matrixport Asset Management AG, providing institutional-grade crypto investment solutions across Europe.
  • Matrixport strengthens its leadership in regulated crypto services, emphasizing close collaboration with Swiss regulators post-acquisition.

Matrixport has officially finalized its acquisition of Crypto Finance (Asset Management) AG (CFAM), a strategic expansion into the pan-European market. CFAM, a licensed Swiss crypto asset management firm, was previously part of the Deutsche Börse Group-owned Crypto Finance Group. The all-cash deal has now been approved by Swiss regulators, including the Financial Market Supervisory Authority (FINMA), solidifying Matrixport’s growing presence in Europe.

Formation of Matrixport Asset Management AG

Following the acquisition, Crypto Finance (Asset Management) AG has been rebranded as Matrixport Asset Management AG (MAM). MAM is known for providing institutional-grade crypto investment solutions and managing Switzerland’s first FINMA-approved crypto fund. 

Notably, the unit offers a comprehensive suite of crypto investment products and services, positioning itself as a key player in the regulated crypto asset management space. This acquisition highlights Matrixport’s continued commitment to providing compliant services to its clients, especially as it seeks to enhance its capabilities in Europe.

Stefan Schwitter, the former head of CFAM, has been appointed as CEO of the newly established MAM. He expressed excitement about the merger, highlighting the value their combined strengths will bring to Matrixport’s global client base. 

The integration of CFAM into Matrixport further expands the company’s range of crypto financial products, enabling broader access to innovative and compliant crypto asset management services.

Commitment to Regulatory Compliance

Matrixport’s leadership emphasized the importance of regulatory compliance in the transaction. Christopher Liu, Matrixport’s Chief Compliance Officer, stated that the acquisition reinforces the company’s focus on working closely with regulators. 

He noted that expanding their regulatory presence in Switzerland would help refine crypto-specific regulations in collaboration with regulatory bodies over the coming years.

This move reflects Matrixport’s continued efforts to lead in compliant crypto asset management, reinforcing its market leadership in this growing sector. Matrixport continues to operate in other global markets, including Hong Kong, the U.S., and the UK, maintaining its position as a comprehensive hub for crypto financial services.

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