Matrixport acquires Crypto Finance AG for $6bn, strengthening its European presence and incorporating Switzerland's first FINMA-approved crypto fund.

Matrixport, a Singapore-based crypto financial services provider, has acquired Swiss firm Crypto Finance (Asset Management) AG for $6 billion, finalizing the deal on September 30, 2024. The company will be rebranded as Matrixport Asset Management AG. This acquisition aims to enhance Matrixport's presence in Europe and includes the first crypto fund approved by Swiss regulator FINMA, reflecting the company's commitment to regulatory collaboration.

September 30, 2024
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