Crypto Broker AG, the brokerage division of the Crypto Finance Group, receives securities house licence from FINMA

Crypto Broker AG, the brokerage division of the Crypto Finance Group, receives securities house licence from FINMA

Filed under: Business, Science and TechnologySubjects: New Products and Services, Accounting

The Crypto Finance Group, one of the leading players in the financial sector in the field of digital assets, is pleased to announce that its brokerage subsidiary, Crypto Broker AG, has been granted a securities house licence by FINMA. The licence will enable the Crypto Finance Group to start offering new products, services and functionalities on its trading platform, all of which will meet the standards guaranteed by regulatory prudential supervision. As demand accelerates, institutional clients can rely on an approved and expert counterparty to expand their activities in the field of cryptographic and digital assets.

ZURICH, 1 February 2021 /PRNewswire/ — Crypto Broker AG, the brokerage company of the Crypto Finance Group, has been granted a securities house licence with a bilateral trading system by FINMA, the Swiss Financial Market Supervisory Authority. The licence is a recognition of the group’s flawless professional approach to trading crypto assets, liquidity provision and innovation in financial services, making it a preferred business partner for institutional investors and major financial players. This milestone caps a successful previous year for the group, with the brokerage trading over $1 billion in assets by 2020.

Crypto Finance is one of the few cryptographic brokers in the world to meet the licensing requirements imposed on securities firms operating in established financial markets. Once in force, this licence also brings new commercial potential in the trading of security tokens.

« The granting of the securities firm license for our brokerage firm is a crucial moment for us. It means that we will be able to offer our professional – and regulated – services to more financial institutions, allowing them to enter this new asset class. The license also recognises the dedication and expertise of our team, » said Jan Brzezek, founder and CEO of the Crypto Finance Group.

Rupertus Rothenhaeuser, CEO of Crypto Broker AG, added: « Today’s announcement marks an important milestone in the realisation of the Crypto Finance Group’s vision of providing professional products and services to the ever-changing digital world. Given the exponential growth of the digital asset business with our customers last year, we expect continued expansion of the business in 2021. »

About the Crypto Finance Group

The Crypto Finance Group offers banks and professional investors a comprehensive range of secure and reliable services that are unique in today’s digital asset market. The group provides 24/7 FINMA-regulated crypto asset management and brokerage services, as well as storage infrastructure and tokenisation solutions. www.cryptofinance.ch

Contact: Yara Ainsworth, Tel: +41 41 552 45 31, press@cryptofinance.ch

Logo – https://mma.prnewswire.com/media/1429543/Crypto_Finance_Logo.jpg Photo – https://mma.prnewswire.com/media/1429544/Crypto_Finance_AG_CEO.jpg

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Crypto Broker AG, the brokerage division of the Crypto Finance Group, receives securities house licence from FINMA
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