Digital & Decentralized Finance, Blockchain Daily News
              



SEBA Bank launches operative business


Swiss clients can now officially open an account with an integrated bank focusing on digital assets



• Following the granting of a banking licence by FINMA in August 2019 and the completion of a one-month test phase, Swiss clients can now officially onboard with an integrated bank for traditional and digital assets.
• This sees SEBA make history: as a bank licensed by a reputed supervisory authority, it can offer a comprehensive range of services in the field of digital assets and cryptocurrencies, as well as in traditional banking.
• The extension of onboarding to clients from selected foreign jurisdictions is planned for December 2019.

SEBA Bank AG (formerly SEBA Crypto AG) is fully operational just 18 months after its foundation and a few weeks after being granted a banking licence by the Swiss Financial Market Supervisory Authority FINMA. After an onboarding phase with a designated customer group, SEBA has now officially started the onboarding of customers based in Switzerland. Its comprehensive banking services are aimed at banks, asset managers, pension funds, companies and professional private investors.

In addition, a limited range of services is intended specifically for Swiss blockchain companies and their employees. SEBA gives these companies access to a corporate account with a Swiss bank, thereby closing an important gap in the local ecosystem.

The Zug-based financial institution is thus building a bridge between the traditional banking world and the new crypto/digital world, offering a wide range of services in the areas of asset management, trading, custody and financing. The tokenisation of investment products, real assets, rights and primary financing constitutes another mainstay. This enables SEBA to cover the entire lifecycle of digital assets.

“We are proud to have founded a bank within 18 months, raised CHF 100 million in capital from investors and obtained a banking and securities dealer licence from FINMA. The start of operations as the first bank to focus on digital assets is another milestone. We are on track towards creating a new banking experience and redefining the customer–bank relationship. Our customers should be able to take full advantage of the opportunities offered by the new asset classes without having to sacrifice security,” says Guido Bühler, CEO of SEBA Bank.

Since its foundation in April 2018, SEBA Bank has invested extensively in the development of new technologies and in security. Secure custody of digital assets is a critical success factor for the new bank. SEBA customers can invest in both traditional and digital assets, store them, trade them and take out loans – now via an integrated interface.

Using the SEBAwallet app, E-Banking and the SEBA Card, customers can manage at least five cryptocurrencies (Bitcoin, Ether, Stellar, Litecoin, Ether classic) easily, securely and cost-effectively, and convert them into traditional currencies and vice versa online.

The SEBA Card can be used at 42 million points of sale worldwide. “The SEBA Card represents an important step towards the mass introduction of cryptocurrencies,” says Bühler.

Security, transparency and performance are important value drivers at SEBA. When it comes to transparency, SEBA attaches particular importance to implementing a fair, transparent and coherent price structure – across different asset classes as well as individual customer groups.

About SEBA
Founded in April 2018 and headquartered in Zug, SEBA is a pioneer in the financial industry, building a progressive technological bridge between the digital and traditional asset worlds. In August 2019, SEBA received a Swiss banking and securities dealer licence – the first time, a reputed regulatory authority such as FINMA grants a licence to a financial services provider with main focus on digital assets and crypto. The wide and vertically integrated spectrum of services, as well as the high security standards make SEBA’s business approach unique. SEBA wants to enable clients to invest, safely keep, trade and borrow against traditional and digital assets, as well as issue tokens, in one place.
seba.swiss

Finyear & Chaineum

Lisez gratuitement le quotidien Finyear & sa newsletter quotidienne.
Recevez chaque matin par mail la newsletter Finyear, une sélection quotidienne des meilleures infos et expertises en finance digitale, corporate finance & crypto finance.

Read for free The daily newspaper Finyear & its daily newsletter.
Receive the Finyear's newsletter every morning by email, a daily snapshot of the best news and expertise in digital finance, corporate finance & crypto finance.

------------------------

Chaineum :
Fondée en 2015, Chaineum est un cabinet de conseil en opérations de haut de bilan offrant une expertise de premier plan en matière d’ICO et STO, avec une vision stratégique orientée tant vers le métier de ses clients que sur la technologie blockchain. A ce titre, Chaineum a participé à la mise en œuvre de bonnes pratiques dans le secteur (ICO Charter, Security Token Network).
La division services blockchain de Chaineum, développe la technologie Chaineum Segment, une blockchain privée orientée objets.

About Chaineum:
Founded in 2015, Chaineum is a leading corporate finance advisory firm with a strong expertise in ICO and STO, and a strategic focus on both its clients' business and blockchain technology. As such, Chaineum paved the way in the implementation of certain best practices in this sector (ICO Charter, Security Token Network).
Chaineum's blockchain services division, is developing Chaineum Segment technology, an object-oriented private blockchain.

-------------------------

No Offer, Solicitation, Investment Advice, or Recommendations

This website is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by FINYEAR.
No reference to any specific security constitutes a recommendation to buy, sell or hold that security or any other security.
Nothing on this website shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction.
Nothing contained on the website constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed on this website should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this website, we have not taken into account the investment needs, objectives and financial circumstances of any particular investor.
This information has no regard to the specific investment objectives, financial situation and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors.
Any views expressed on this website by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change.
All information is subject to possible correction. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

Mercredi 13 Novembre 2019
Notez


Nouveau commentaire :
Twitter

Your email address will not be published. Required fields are marked *
Votre adresse de messagerie ne sera pas publiée. Les champs obligatoires sont indiqués avec *

Finyear: latest news, derniers articles