FINMA licenced Swiss Seba Financial institution – who already present a seamless, safe and easy-to-use bridge between digital and conventional belongings – authorized the completion of its Sequence B capital improve at its Extraordinary Normal Assembly immediately. SEBA Financial institution is primed to gasoline and speed up its progress technique in accordance with the staff.
Guido Bühler, CEO of SEBA Financial institution, said:
“I’m delighted that the strengths of SEBA Financial institution and its monitor file in 2020 had been recognised by our present key shareholders and new traders main them to take part in a second capital increase. This assist will permit us to speed up the sturdy progress SEBA Financial institution is delivering as we additionally plan to increase into new markets in Center East and Asia and assist US institutional purchasers.”
All present key shareholders and new traders from Switzerland, Europe and Asia participated within the capital increase. With this strategic milestone, SEBA Financial institution is well-positioned to additional deploy its home and worldwide growth and seize excessive progress.
SEBA Financial institution has immediately secured fairness capital which can additional strengthen its capital base, and this new fairness will permit to increase 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 drive 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 a military-grade safety answer
- Prime built-in buying and selling platform together with spot, derivatives and credit score
- Finish-to-end tokenisation platform throughout your complete lifecycle of digital belongings and currencies
- A large providing of funding merchandise and discretionary mandates supported by institutional grade buy-side analysis