SEBA receives FINMA license for banking and security dealing. The Swiss Financial Market Supervisory Authority (FINMA) is an independent financial markets regulator, that has granted a securities and banking dealers license to SEBA Crypto AG.
SEBA CEO, Guido Buhler, is founded the startup in 2018. He believes that they are what the cryptocurrency world had been lacking. Another node in the ever-expanding crypto-universe that needs tailoring from firms like SEBA.
After all, it is the solution providers like Seba that bring cryptocurrency and banking together, which are like distant relatives feeling awkward on a new year’s eve gathering.
SEBA is expected to be fully functional before the first two-quarters of October 2019 end. The opening will be grand with SEBA signing a cooperation pact with Julius Baer, around that time of the year.
The company aims to play as the catalyst in the trade business that will increase liquidity between the assets as they are inter-converted from fiat to cryptocurrency- enabling professional individuals, businesses, companies and corporate and institutional clients to focus their energy on work.
The company can prove to be a vault when needed and a trading firm when other things are in compliance with the clients’ needs.
The blockchain companies in Switzerland have a patron on their side to store and manage crypto and fiat assets and its name is SEBA. With the new vision of a more secure, transparent and performance-oriented working environment in their mind, SEBA aims to deliver digital asset tokenization and industry-leading investment products.
The company is aiming to be the very best in the region at what it does. The CHF 100 million raised in September 2018 are proof that SEBA means business. If FINMA wasn’t enough of a reason for SEBA to be accepted in the wider market, then this should suffice.
SEBAis well-capitalized and the team has more than sixty (60) members on board the train that has adequate experience with information security, Blockchain, and finance.