Swiss cryptocurrency bank SEBA Bank AG today announced its rebranding to AMINA Bank AG.
The cryptocurrency company, based in Zug, Switzerland, has been authorized by FINMA to provide banking services since 2019.
AMINA said the rebrand marks a new chapter for the company, adding that the name itself comes from the term “transamination,” the transfer of one chemical compound to another.
“Our brand marks a new era in our company’s growth and strategy. We are a key player in cryptocurrency banking and are here to define the future of finance. “Our customer-centric approach and years of work across traditional and cryptocurrency finance have enabled us to help investors build wealth safely and in compliance with the highest regulatory standards,” Franz Bergmueller, CEO of AMINA, said in a statement. “We provide a platform that is
AMINA said there would be no disruption to its operations and customers would not be affected by the change. The Abu Dhabi branch and Hong Kong and Singapore subsidiaries will later apply for a name change to match the Chuuk headquarters.
Name change outside of Switzerland
AMINA said there would be no disruption to its operations and customers would not be affected by the change. The Abu Dhabi branch and Hong Kong and Singapore subsidiaries will later apply for a name change to match the Chuuk headquarters.
It took AMINA just a few weeks to obtain a license to provide services in Hong Kong as part of the region’s new cryptocurrency certification framework.
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About the author
Ryan Weeks is The Block’s trading editor, focusing, among other things, on fundraising, M&A, and institutional trends in the cryptocurrency space. He’s particularly interested in investigative work, so please send him tips! Ryan previously worked as a fintech correspondent in London for Financial News and Dow Jones. Prior to that, he wrote for several publications, including Sifted, AltFi, and Wired. In addition to journalism, Ryan is a keen reader and writer. He enjoys anything active. He especially enjoys running, rugby, hiking and tennis.