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Swiss crypto bank SEBA rebrands to AMINA

Swiss crypto bank SEBA rebrands to AMINA

The BlockThe Block2023/12/01 03:12
By:The Block

Quick Take The Zug-based crypto firm’s new name is AMINA, which it said steps from the term “transamination.”

Swiss crypto bank SEBA rebrands to AMINA image 0

SEBA Bank AG, the Swiss crypto bank, today announced a rebrand to AMINA Bank AG.

Headquartered in Zug, Switzerland, the crypto firm has been authorized by FINMA to provide banking serivces since 2019.

AMINA said the rebrand marks a new chapter for the firm, adding that the name itself stems from the term “transamination” — the transference of one compound to another.

“Our brand signifies a new era in the company’s growth and strategy; we are a key player in crypto banking and are here to define the future of finance. With our client-focused approach, our years of traversing traditional and crypto finance, we offer a platform for investors to build wealth safely and under the highest regulatory standards,” said Franz Bergmueller, CEO of AMINA, in a statement.

AMINA said clients would not be affected by the change, with operations uninterrupted. Its Abu Dhabi branch and subsidiaries in Hong Kong and Singapore will subsequently apply for a name change to fall into line with the Zug headquarters.

Name changes beyond Switzerland

AMINA said clients would not be affected by the change, with operations uninterrupted. Its Abu Dhabi branch and subsidiaries in Hong Kong and Singapore will subsequently apply for a name change to fall into line with the Zug headquarters.

AMINA is just weeks removed from acquiring a license to offer services in Hong Kong as part of the new crypto authorization framework in the region.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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