Matrixport acquires Swiss-based Crypto Finance to boost European expansion

In a significant move toward expanding its European presence, Matrixport, a leading crypto financial services company based in Singapore, has completed an all-cash acquisition of Crypto Finance, a crypto asset manager based in Switzerland. This acquisition, officially announced on September 30, marks a strategic milestone for Matrixport as it strengthens its global footprint in the world of digital finance.

Previously owned by Deutsche Börse Group, Crypto Finance has now been renamed Matrixport Asset Management AG, signaling its integration into the Matrixport brand. As part of this acquisition, Matrixport aims to leverage the solid foundation established by Crypto Finance, which notably manages the first Swiss Financial Market Supervisory Authority-approved crypto fund. This move showcases the company’s commitment to delivering top-tier and compliant crypto asset management solutions to both new and existing clients.

John Ge, co-founder and CEO of Matrixport, expressed the strategic importance of this acquisition in a statement. He highlighted that integrating Crypto Finance into the Matrixport ecosystem would provide clients with access to innovative and compliant crypto asset management products, aligning seamlessly with the firm’s broader strategy to expand its services across Europe.

The approval of this deal by the relevant regulatory authorities is a testament to Matrixport’s dedication to maintaining a compliant and trusted presence in the crypto finance sector, something further emphasized by Christopher Liu, Chief Compliance Officer and Head of Regulatory at Matrixport.

The move not only strengthens Matrixport’s presence in Europe but also helps broaden its portfolio of financial offerings. The rebranding of Crypto Finance to Matrixport Asset Management (MAM) underlines its ambition to establish itself as a major institutional player in the cryptocurrency investment landscape.

With its new Switzerland-based unit, the company plans to focus on delivering institutional-grade crypto investment solutions, catering to the increasing demand from professional investors seeking regulated and sophisticated investment opportunities in the digital asset space.

With roughly $6 billion in assets under management, Matrixport is already a significant player in the Asian crypto ecosystem. It operates under multiple licenses, including one as a Trust or Company Service Provider (TCSP) and a money lender in Hong Kong, which further illustrates its capability and legitimacy in providing comprehensive financial services to its clients.

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By acquiring Crypto Finance, Matrixport is not only consolidating its reach in Asia but also accelerating its ability to serve the European market with the same standard of quality and compliance.

The acquisition comes at a time when the demand for institutional-grade crypto solutions continues to grow, with investors increasingly seeking regulated, secure, and innovative avenues for managing their digital assets. Crypto Finance’s strong regulatory framework and expertise in the European market provide a unique advantage that aligns with Matrixport’s mission to offer a complete suite of financial services, ranging from asset management to lending and custody, all within a compliant environment.

In conclusion, Matrixport’s acquisition of Crypto Finance reflects its strategic vision to expand globally while maintaining rigorous compliance standards. By integrating a well-established European player into its structure, Matrixport is setting the stage for further growth and innovation in crypto asset management, providing clients with access to sophisticated investment solutions that meet both local regulatory requirements and global financial trends.

This move not only enhances Matrixport’s offerings but also underscores its commitment to being a leading force in the evolution of digital finance on a global scale.