The two jurisdictions are among SEBA's nine new markets, following a successful launch in its home market in November.
Swiss firm SEBA, a bank that combines traditional banking with digital assets, is now accepting institutional and private clients from nine new markets including Singapore and Hong Kong, the firm announced in a statement on Thursday.
The Zug-based institution, which offers asset management, trading, custody and financing services, recently became fully operational after receiving a banking and securities dealer license from Swiss financial regulator Finma in August – the first for a bank focused on digital assets.
Other countries in which SEBA now serves clients include U.K., Italy, Germany, France, Austria, Portugal, and the Netherlands.
Filling the Gap
SEBA aims to fill the gap between traditional and the digital economy, particularly as the use of blockchain grows in banking. In the statement, CEO Guido Bühler said Seba wants to «redefine the customer-bank relationship and give clients a simple but the most secure banking experience in the new and old financial world.»
It also maintains the SEBA Crypto Asset Select Index (SEBAX), a risk-optimized index that allows customers to enter the crypto world with a broad exposure of the crypto-investment market.
