Cryptocurrencies are going institutional

It’s not just retail traders that are dabbling in bitcoin and other digital assets, traditional money managers, looking for alpha and an inflation hedge, are getting in on the act too.

SEBA is the world’s first regulated cryptocurrency bank. The start-up received a traditional banking and securities dealer license from FINMA, the Swiss financial regulator, in 2019. The company was setup by former UBS bankers to bridge the crypto and fiat money worlds. Guido Buehler, the CEO, is the previous head of asset servicing at UBS Wealth Management.

SEBA Bank offers a wide range of custody, trading, investment management and financing services for institutions and professional investors. The tokenization of investment products, real assets, rights and primary financing is another focus area for the company.

The winner of the Aite Group’s 2021 Impact Innovation Award in Digital Wealth Management for digital startup of the year has emerged as regulators have started to clamp down…