Zurich, 30 September 2024 – Crypto Finance AG, a FINMA-regulated provider of institutional trading, custody, and staking services for digital assets, and part of the Deutsche Börse Group, further executes on its strategy and sharpens its focus on its core business by selling its asset management entity to Matrixport. After a competitive bidding process, Crypto Finance AG has selected Matrixport as the best future owner of its fully regulated asset management business. The transaction was subject to the approval of FINMA which has now been received.
Crypto Finance (Asset Management) AG (“CFAM”) is the first FINMA-approved manager of collective crypto assets which pioneered the market by managing the first regulated crypto fund in Switzerland. Since its inception, CFAM has continuously grown its team and product offering. The sale of CFAM lets Crypto Finance Group (“Crypto Finance”) focus on its strategy of increasing the reach of its core services within the digital asset ecosystem in Switzerland, Germany, and Europe. Crypto Finance offers a comprehensive suite of professional digital asset services, including trading, custody, staking, and infrastructure.
Going forward, CFAM will operate under the name Matrixport Asset Management AG. With this integration, Matrixport strengthens its presence in Europe as part of its ongoing international expansion.
Matrixport was selected by Crypto Finance as a strategic partner to further drive the growth of CFAM’s business in Switzerland and beyond. A proven track record in crypto markets, combined with its international reach, made Matrixport the ideal new home for CFAM.
Crypto Finance will continue to serve asset managers and ETP providers with its core services and looks forward to a long-term partnership with Matrixport.
Stijn Vander Straeten, CEO of Crypto Finance, commented: “We are very pleased that we have found the right home for the business that we built up over the last seven years. Matrixport will enable the company to take the next steps and gear the company towards growth. The sale is in line with our overall strategy, to focus on our core competency as a one-stop-shop service and infrastructure provider. While asset management is a very valuable business area, our strategy lies in trading, custody, and staking as well as other post-trade services. This move allows us to put all our focus on expanding our core services within the digital asset ecosystem in Switzerland, Germany, and across the European markets.”
John Ge, Co-Founder & CEO of Matrixport, said: “We are delighted with the establishment of Matrixport Asset Management and warmly welcome the team to the Matrixport family. The acquisition enables clients continuous access to the most innovative, compliant crypto asset management products, and aligns with our strategy to further expand services in Europe.”
For further information, please visit: www.crypto-finance.com
Press Contact
Jutta Holtkötter
press@crypto-finance.com
+ 41 41 552 45 68
About Crypto Finance
The Crypto Finance Group comprises two FINMA-regulated financial institutions and a BaFin-regulated subsidiary in Germany. As part of Deutsche Börse Group, Crypto Finance AG provides professional digital asset solutions to institutional clients. This includes one of the first FINMA-approved securities firms offering 24/7 brokerage services, along with custody, staking, infrastructure, and tokenisation solutions. Additionally, it features the first FINMA-approved manager of collective assets for crypto assets, managing the first Swiss crypto fund. Headquartered in Switzerland, the Crypto Finance Group’s German subsidiary has secured four BaFin licences to provide trading and custody services. The company intends to expand its services in Germany and across Europe in line with the MiCA timeline.
