Formerly known as SEBA Crypto AG, SEBA Bank AG is a licensed and supervised Swiss bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets. Founded in April 2018, the bank has been granted a licence by Swiss Financial Market Supervisory Authority (FINMA) in August 2019.
Recently, the bank has announced that the possible next step is to diversify and provide its services across the globe with nine big nations like the United Kingdom, Italy, Germany, France, Austria, Portugal, Netherlands, Singapore, and Hong Kong in the plan.
Aiming to connect traditional banking and cryptocurrency worlds, the bank has been providing custody storage, trading and liquidity management, asset and wealth management, transaction banking, and tokenization as well as accepting a wide range of digital currencies namely Bitcoin, Ethereum, Litecoin, Stellar XLM and NEO for its custody service.
Recently on 26th November, SEBA has launched its investment solutions with a new crypto index. The platform known as SEBA Crypto Asset Select Index (SEBAX) was invented purely for cryptocurrencies as it addresses the predominant problem of traditional market value-weighted indices and allows optimized diversification.