CRYPTO FINANCE AND SWISSQUOTE – NEW SQX PARTNERSHIP
Zurich, Switzerland, February 1, 2023 – Crypto Finance AG, a leading provider of institutional-grade investment solutions, custody, and brokerage for digital assets, and part of Deutsche Börse Group, has joined Swissquote’s new centralised trading platform, SQX.
Crypto Finance Group is the trusted, and prudentially supervised partner of financial institutions. Its market-leading, integrated platform enables access to invest in, manage, trade, and store digital assets securely.
Initially, this partnership will allow Crypto Finance Group to provide liquidity in a variety of digital assets, including Tezos (XTZ), Bitcoin (BTC), and Ether (ETH).
Jakob Pedersen, Head of Partnerships at Crypto Finance Group, states: “2022 was challenging year for digital assets. We saw several established firms fail, contributing to an erosion of the ecosystem’s credibility. However, we are optimistic and excited about how the underlying technology will continue to drive advancements in the ownership, transfer, and storage of digital assets. We are also keenly aware the industry needs more regulated, trusted, and professional service providers. That is why we are excited to partner with Swissquote, further solidifying Switzerland’s position as a global leader in the digital asset space.”
Jan De Schepper, Chief Sales and Marketing Officer at Swissquote, comments: “Always at the forefront of innovation and as a pioneer in digital assets, we launched SQX, our own crypto exchange, a few months ago. SQX makes for a significantly enhanced customer experience in the areas of trading, execution, and liquidity. We are excited about the partnership with Crypto Finance AG as a new liquidity provider and we are confident that we are offering our clients even better liquidity conditions on SQX.”
About Crypto Finance Group
Crypto Finance Group – a FINMA-supervised financial institution and part of Deutsche Börse Group – offers professional digital asset solutions. This includes one of the first FINMA-approved securities firms with 24/7 brokerage services, custody, infrastructure, and tokenisation solutions for financial institutions. It also comprises the first FINMA-approved manager of collective assets for crypto assets, with a selection of crypto investment solutions, including the first FINMA-regulated crypto fund. With a team of over 120 employees, Crypto Finance Group is headquartered in Switzerland.
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About Swissquote and SQX
Swissquote – The Swiss Leader in Online Banking
Swissquote is Switzerland’s market leader in online banking. Over three million financial products can be traded on its innovative platforms. Swissquote’s core competencies include global stock market trading, trading and custody of crypto assets, Forex trading and a Robo-Advisor solution. In addition, Swissquote is active in the payment card, mortgage, and leasing markets. As at the end of June 2022, Swissquote held over 50 billion Swiss francs in assets for more than 520,000 private and institutional clients. In addition to its headquarters in Gland, Switzerland, Swissquote has offices in Zurich, London, Luxembourg, Malta, Bucharest, Cyprus, Dubai, Singapore, and Hong Kong. Swissquote holds banking licenses both in Switzerland (FINMA) and Luxembourg (CSSF). The parent company, Swissquote Group Holding Ltd, is listed on the SIX Swiss Exchange (symbol: SQN). The Swissquote Group and PostFinance each own 50 percent of the fintech app Yuh Ltd.
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All information in this document is provided for general information purposes only and with no warranty or liability for accuracy, completeness, or fitness for a particular purpose. No information provided in this document constitutes or is intended as investment advice. This document is not, and is not intended as, an offer, recommendation, or solicitation to invest in financial instruments, including crypto assets. Crypto Finance is a financial group supervised by the Swiss Financial Market Supervisory Authority FINMA on a consolidated basis with Crypto Finance AG as a securities firm and Crypto Finance (Asset Management) AG as an asset manager for collective investments with the corresponding FINMA licenses. This document and its content, including any brand names, logos, designs, and trademarks, and all related rights, are the property of the Crypto Finance Group and Deutsche Börse Group. They may not be reproduced or reused without their prior consent.