The Crypto Finance Group brokerage, Crypto Broker AG, has been granted a licence as a securities house with a bilateral trading facility by FINMA, the Swiss Financial Market Supervisory Authority. The licence is recognition of the group’s consistently professional approach to crypto asset trading, liquidity provision, and innovation in financial services, making it a business-to-business partner of choice for institutional investors and leading financial players. This significant milestone caps a successful previous year for the group, with the brokerage trading over USD 1 billion in assets in 2020.
Crypto Finance is one of the few crypto brokers worldwide fulfilling the licencing requirements that securities firms active in the established financial markets do. Once effective, this licence also brings new business potential in trading security tokens.
“Getting the securities house licence for our brokerage is a pivotal moment for us. It means that we will be able to offer our professional – and regulated – services to even more financial institutions, enabling them to enter this new asset class. The licence also recognises our team’s dedication and expertise,” says Jan Brzezek, founder and CEO of the Crypto Finance Group.
Rupertus Rothenhaeuser, CEO of Crypto Broker AG adds, “Today’s announcement marks a milestone in achieving the Crypto Finance Group vision: providing professional products and services for the evolving digital asset universe. Given last year’s exponential growth in digital asset operations with our clients, we expect continued business expansion in 2021.”
Copyright © 2023 iCryptome.com
- Grow your own ginger? It’s a piece of cake!
- Ripio Partners with Circle to Accelerate USDC Stablecoin Adoption Across Latin America
- ICON Partners with RFOX to Enter the Metaverse and Explore Further Opportunities to Push Technological Boundaries
- New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments
- Crypto Investor: Bitcoin May Retest $20,000 With Next Wave Of Adoption