Cryptocurrency bank SEBA Bank AG plans to conduct the second stage of fundraising in the amount of 100 million Swiss francs(about $ 96.5 million) to attract additional capital from new investors.
These investors may include financialorganizations, family companies and individuals. According to SEBA CEO Guido Bühler, the bank managed to raise more than $ 103 million in the first round of attracting investments.
SEBA Bank was founded in April 2018,however, it only began operating in Switzerland last November when it received a banking license from the Swiss Financial Market Supervisory Authority (FINMA). A month later, the bank managed to enter the markets of Hong Kong, Great Britain, Germany, France, Portugal, Singapore, Italy and Austria.
It is worth noting that SEBA is not the only bankworking with digital assets. For example, the British cryptocurrency bank Revolut, which has received approval for a banking license from the European Central Bank, serves transactions in Bitcoin, Litecoin and Ether, and also plans to open offices in several countries.
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