Matrixport, a leading cryptocurrency financial services platform, has successfully completed the acquisition of Crypto Finance (Asset Management) AG (CFAM), a Swiss-based crypto asset manager that was part of the Deutsche Börse Group-owned Crypto Finance Group. Renamed Matrixport Asset Management AG (MAM), the unit is known for its institutional-grade crypto investment solutions, including managing the first FINMA-approved crypto fund.
John Ge, Co-Founder & CEO of Matrixport, expressed excitement about the acquisition, highlighting its role in providing clients with compliant and innovative crypto asset management products. Stefan Schwitter, the former head of CFAM and now CEO of MAM, noted that the merger would enhance the service offerings to Matrixport’s global clients.
Christopher Liu, Chief Compliance Officer of Matrixport, emphasized that the acquisition expands their regulatory presence in Switzerland, reinforcing their commitment to regulatory collaboration and adherence. The transaction has received full regulatory approval, including from FINMA, and is now complete.
Source: prnewswire.com
