Stablecoin

Read

<p><strong>Key points</strong>:</p>  
<ul class="wp-block-list">
 <li><em>Matrixport has acquired Swiss-based Crypto Finance AG in all-cash deal.</em></li>  
 <li><em>The firm has been renamed Matrixport Asset Management AG (MAM).</em></li> 
</ul>  
<h5 class="wp-block-heading"><strong>Matrixport acquires Crypto Finance AG in an all-cash deal, renaming it Matrixport Asset Management AG, expanding its European footprint with $6 billion AUM.</strong></h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/09/telegram-cloud-photo-size-5-6330345791155192552-y.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/09/telegram-cloud-photo-size-5-6330345791155192552-y-1024x576.jpg" alt="Matrixport Acquires Crypto Finance AG in All-Cash Deal for Expansion" class="wp-image-284971"></a>
 <figcaption class="wp-element-caption">
 </figcaption>
</figure>  
<h2 class="wp-block-heading" id="strong-matrixport-acquires-crypto-finance-ag-to-expand-in-europe-strong"><strong>Matrixport Acquires Crypto Finance AG to Expand in Europe</strong></h2>  
<p>It has completed an all-cash acquisition of the Swiss-based Crypto Finance AG, which was renamed Matrixport Asset Management AG and enhanced its presence in Europe.</p>  
<p>The transaction adds another $6 billion in AUM to the books of Matrixport, while adding FINMA-approved crypto fund solutions, among others, <a href="https://www.coindesk.com/business/2024/09/30/crypto-services-provider-matrixport-buys-deutsche-boerse-unit-crypto-finance/?utm_source=rss" target="_blank" rel="noopener noreferrer nofollow">according to Coindesk</a>.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read more:<a href="https://coincu.com/242737-revolut-paused-some-crypto-services-by-fca/" target="_blank" rel="noopener noreferrer nofollow"> </a><a href="https://coincu.com/245459-the-stablecoin-industry-may-trillion-dollar/" target="_blank" data-type="link" data-id="https://coincu.com/245459-the-stablecoin-industry-may-trillion-dollar/" rel="noopener noreferrer nofollow">The Stablecoin Industry May Become A Trillion-Dollar Industry By 2030, Matrixport Report</a></strong></p>  
<h2 class="wp-block-heading" id="strong-matrixport-strengthens-global-presence-with-crypto-finance-ag-acquisition-strong"><strong>Matrixport Strengthens Global Presence With Crypto Finance AG Acquisition</strong></h2>  
<p>The deal further expands the offerings of Matrixport globally, as the takeover of Crypto Finance AG operates under the new name of Matrixport Asset Management AG. It remains in close collaboration with European regulators.</p>  
<p>The Chief Compliance Officer at Matrixport said, "The company is committed to refining virtual asset regulations." Meanwhile, its global clients stand to benefit from the combined expertise coming from both firms.</p>  
<figure class="wp-block-table">
 <table class="has-luminous-vivid-orange-color has-text-color has-link-color">
  <tbody>
   <tr>
    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
   </tr>
  </tbody>
 </table>
</figure>

Matrixport Acquires Crypto Finance AG in All-Cash Deal for Expansion

Table of Contents

Coincu

Other articles published on Sep 30, 2024

Taiwanese Crypto Investment Approved for Qualified Investors

Bitcoin ETF Options Approved, But Why Aren’t They Trading Yet?

Ohio to consider accepting crypto for tax payments and fees

Bitcoin and Altcoins Experience Decline Following Recent Market Surge

World Record Egg’s two crypto tokens smell kind of bad

Bitcoin Set for Post-Election Surge as US Debt Woes Fuel Bullish Outlook

Join our free newsletter for daily crypto updates!