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Swiss Crypto Bank SEBA Launches new Crypto Index Investment Solution


Swiss crypto-focused bank, SEBA Crypto AG announced the launch of an index for digital assets alongside its investment solutions on November 27. The new index dubbed Seba Crypto Asset Select Index (SEBAX); is a dynamic, risk-optimized index with a broad market exposure of the crypto-investment market, according to SEBA. The company has partnered with the major European index administrator MV Index Solutions, to launch the index.
Bringing banking services to crypto companies
Moreover, SEBA obtained a banking and securities dealers’ license from the Swiss Financial Market Supervisory Authority (FINMA) back in August. The bank can legally offer digital asset-based investment instruments to institutional clients. Together with Signum, it became the first crypto company of the kind; to receive a license from FINMA.
Earlier this month, the SEBA  Introduced its banking services in Switzerland for banks, asset managers, pension funds, companies, and professional private investors. The company can also offer tokenization services to investment products, real assets, and rights. However, the bank will restrict services to blockchain companies. It will offer such firms with corporate accounts, crucial to the operation of a company.

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