Matrixport, a one-stop crypto financial services platform, announced the official completion of the all-cash acquisition of Crypto Finance (Asset Management) AG ("CFAM"), a Swiss compliant crypto asset management company. At the same time, CFAM will be renamed Matrixport Asset Management AG (MAM), and will continue to provide comprehensive crypto asset management services to qualified institutions and individual investors, underwriters, and (ordinary) investors in the European market with its compliance qualifications.
It is reported that CFAM was originally affiliated with Crypto Finance Group (CFG) under Deutsche Börse. It is the first crypto asset management company authorized by the Swiss Financial Market Supervisory Authority (FINMA) to carry out collective investment plans. Its former CFAM asset management director Stefan Schwitter will serve as MAM CEO. This acquisition once again demonstrated to the market Matrixport's commitment and determination to compliant operations, and also consolidated Matrixport's position in the field of crypto asset management.