The Swiss regulator FINMA has approved the first cryptocurrency fund

Even today, we can beautifully follow up on the great news from the world of cryptocurrencies without remorse. Today’s news comes directly from Switzerland, where the FINMA regulator approved the first regulated cryptocurrency fund in history, specifically Crypto Finance. This is a very encouraging but not so surprising report, given the long-standing friendly attitude towards cryptocurrencies, which has made it relatively easy for companies and institutions to participate in this sector as well.

According to published information, this crypto fund has long been of particular interest to qualified investors, such as Swiss asset management banks, asset managers, pension funds, and other professional investors, who jointly manage several trillion CHF assets. As you can see, this is a really big thing. Crypto Finance has strengthened its position through a partnership with SEBA Bank, which is a fully verified and approved Swiss crypto bank. Bernadette Leuzinger, CEO of Crypto Finance’s asset management, concluded that clients of various innovative companies will now be able to diversify their portfolios in a “safe and regulated way”, which we also enjoy.