Julius Baer supports Swiss digital assets bank to raise $120m for Asia/EMEA push

clock • 3 min read
Julius Baer supports Swiss digital assets bank to raise $120m for Asia/EMEA push

Swiss-headquartered SEBA Bank has raised SFr110m ($119.7m) in funding from investors including Julius Baer to spur international growth across Asia and the Middle East. Founded in April 2018, the Zug-based SEBA Bank received a Swiss banking and securities dealers' licence in August 2019 and in September 2021 it received the CISA licence allowed it to offer institutional-grade custodian services to Swiss-native "collective investment schemes", making it the first institution in the country ...

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