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Swiss Cryptocurrency Bank SEBA Bank Expands to Hong Kong By Cyber News 2022
Swiss cryptocurrency bank SEBA Bank announced Wednesday the opening of a Hong Kong office as part of its Asia-Pacific expansion plans to serve global institutional clients.
See related article: After FTX Crash, Hong Kong Remains Optimistic About Digital Assets
Quick Facts
The Swiss-licensed cryptocurrency bank said in a press release shared with Forkast that SEBAβs Hong Kong office will provide consulting services and market research, as well as hire a strategic partner for its headquarters in Zug, Switzerland.
Franz Bergmueller, CEO of SEBA Bank, said: "With a long history as an international financial center and an innovative and progressive regulatory approach to cryptocurrencies, Hong Kong is strengthening its position as a global leader in cryptocurrencies."
Hong Kong rolled out a welcome mat for the cryptocurrency industry at its annual fintech event in October and maintained its stance on digital assets, even as the recent FTX fiasco damaged the industry's global reputation.
SEBA Bank closed a $116 million Series C round in January and opened its first overseas office in Abu Dhabi in February.
See related article: Hong Kong needs engineering talent to reclaim role as digital asset hub
Swiss cryptocurrency bank SEBA Bank announced Wednesday the opening of a Hong Kong office as part of its Asia-Pacific expansion plans to serve global institutional clients.
See related article: After FTX Crash, Hong Kong Remains Optimistic About Digital Assets
Quick Facts
The Swiss-licensed cryptocurrency bank said in a press release shared with Forkast that SEBAβs Hong Kong office will provide consulting services and market research, as well as hire a strategic partner for its headquarters in Zug, Switzerland.
Franz Bergmueller, CEO of SEBA Bank, said: "With a long history as an international financial center and an innovative and progressive regulatory approach to cryptocurrencies, Hong Kong is strengthening its position as a global leader in cryptocurrencies."
Hong Kong rolled out a welcome mat for the cryptocurrency industry at its annual fintech event in October and maintained its stance on digital assets, even as the recent FTX fiasco damaged the industry's global reputation.
SEBA Bank closed a $116 million Series C round in January and opened its first overseas office in Abu Dhabi in February.
See related article: Hong Kong needs engineering talent to reclaim role as digital asset hub