Crypto Finance is pleased to announce the approval by FINMA of the first Swiss crypto asset fund. This Swiss crypto asset fund makes it possible for institutional and professional investors to participate in this exciting digital asset class. The fund is administered by PvB Pernet von Ballmoos AG (“PvB”), with custody by SEBA Bank AG (“SEBA Bank”). Crypto Finance (Asset Management) AG (“Crypto Finance”) applies their proven experience in digital assets as manager of the fund, growing their portfolio of regulated, secure institutional crypto asset investment vehicles.
Crypto Finance is celebrating the launch of the first Swiss crypto fund. Crypto Finance, a proven leader in market-forward, regulated crypto asset funds, manages this fund. The all-Swiss venture includes partners PvB, administering the fund, and SEBA Bank, providing custody for the fund. For Crypto Finance, as the first asset manager to launch a Swiss crypto asset investment fund, it is an exceptional achievement to launch this crypto investment fund together with strong Swiss partners. In line with traditional investment funds, the segregation of assets from the custodians’ balance sheet eliminates counterparty risk for investors.
Qualified investors, such as Swiss wealth management banks, asset managers, pension funds, and other professional investors, who collectively manage several trillion CHF in assets, have been waiting for this kind of regulated fund. This passive investment fund from Crypto Finance tracks the performance of the Crypto Market Index 10, which is administered by the SIX Swiss Exchange. The objective of the Crypto Market Index 10 is to reliably measure the performance of the largest, liquid crypto assets and tokens and to provide an investable benchmark for this asset class. Crypto Finance has made it their mission to enable crypto asset management of a quality and security comparable with investment products in traditional markets.
Bernadette Leuzinger, CEO of Asset Management at Crypto Finance, stated, “Crypto Finance is pleased to launch the first Swiss crypto fund, supervised by FINMA and launched with strong Swiss partners PvB and SEBA Bank. The investment fund enables clients of innovative wealth and asset management firms to participate in this upcoming asset class and to further diversify their portfolio in a secure and regulated way.”
Two firsts for Swiss wealth management
This first and only Swiss crypto asset fund managed by Crypto Finance is a result of a close cooperation for the custody provided by the Swiss crypto bank, SEBA Bank.
“Two years ago SEBA Bank received a Swiss banking and securities dealer licence. With approval now granted according to the CISA agreement, SEBA Bank has passed another important stage in its development plan, and lives up to its pioneering role. Asset managers can now offer strategies based on crypto assets to a broader audience by using Swiss-based mutual fund structures with SEBA Bank as an approved custodian. We are excited to enable liquid investment funds to investors using crypto assets as the underlying investment universe. This is a further step in the evolution of digital assets investments”
says Guido Buehler, CEO of SEBA Bank.
PvB managing partners Philippe Keller and Christian von Ballmoos are excited and satisfied that thanks to the excellent cooperation of all parties involved, this complex fund project can now be launched on firm operational ground.