Matrixport Expands European Footprint with Acquisition of Crypto Finance Asset Management

Singapore-based crypto financial services platform Matrixport has announced an all-cash acquisition of licensed Swiss crypto asset manager and former Deutsche Boerse Group subsidiary, Crypto Finance (Asset Management) AG. The acquired company, now renamed Matrixport Asset Management AG (MAM), offers institutional-grade digital assets investment solutions, including the first FINMA-approved crypto fund.

Unlocking New Opportunities in the European Crypto Landscape

Strengthening Regulatory Compliance and Institutional Offerings

The acquisition of Crypto Finance Asset Management AG by Matrixport represents a strategic move to bolster the company's presence in the European market. By integrating the Swiss-based entity, now known as Matrixport Asset Management AG (MAM), Matrixport gains access to a suite of institutional-grade digital asset investment solutions that have been approved by the Swiss Financial Market Supervisory Authority (FINMA). This includes the first FINMA-approved crypto fund, which will now be part of Matrixport's expanding product portfolio.The regulatory-compliant nature of this acquisition underscores Matrixport's commitment to operating within the boundaries of existing financial regulations. Christopher Liu, Matrixport's Chief Compliance Officer and Head of Regulatory, emphasized the firm's "steadfast commitment towards continually collaborating with regulators to review existing regulations and refine virtual assets specific regulations in the years to come." This approach not only ensures Matrixport's compliance but also positions the company as a trusted partner for institutional investors seeking secure and regulated crypto-based investment opportunities.

Leveraging Synergies and Expertise

The integration of Crypto Finance Asset Management AG, now MAM, will enable Matrixport to leverage the expertise and experience of the acquired entity's leadership team. Stefan Schwitter, the former head of Crypto Finance Asset Management AG, has now assumed the role of CEO of MAM. This transition ensures a seamless integration of the two organizations, allowing them to combine their respective strengths and deliver enhanced services to their global client base.Matrixport's Chief Compliance Officer and Head of Regulatory, Christopher Liu, emphasized the potential benefits for clients, stating, "Global clients stand to benefit from both firms' expertise." By combining Matrixport's comprehensive crypto financial services with MAM's institutional-grade investment solutions, the merged entity is poised to offer a more robust and diversified suite of offerings to its international clientele.

Expanding Matrixport's European Footprint

The acquisition of Crypto Finance Asset Management AG represents a significant milestone in Matrixport's global expansion strategy. By establishing a strong presence in Switzerland, the company is strategically positioning itself within the heart of Europe's thriving crypto ecosystem. This move aligns with Matrixport's broader vision of becoming a leading global crypto financial services provider, catering to the evolving needs of both institutional and individual investors.The regulatory-compliant nature of this acquisition, coupled with Matrixport's commitment to collaborating with financial authorities, underscores the firm's dedication to responsible growth and innovation within the crypto industry. As the crypto landscape continues to evolve, Matrixport's strategic expansion into the European market positions the company as a trusted partner for investors seeking secure and regulated crypto-based investment opportunities.