Swiss crypto bank Amina Group has formed a partnership with the investment management arm of a Chinese insurance group.
Amina Group, formerly known as Seba, has formed a strategic partnership with CPIC Investment Management (HK) – the investment management subsidiary of China Pacific Insurance Group – according to a statement. CPIC is an insurance group in mainland China with over 2 trillion yuan ($270 billion) in total assets.
Through the tie-up, Amina will provide investment advisory and banking services as an integrated solution to the investment manager's Pacific Waterdrip Digital Asset Funds.
Fund Strategies
According to the statement, the Pacific Waterdrip Digital Asset Fund I targets early-stage blockchain projects while the Pacific Waterdrip Digital Asset Fund II focuses on proof-of-stake digital assets.
«Amina facilitates on/off-ramping, crypto trading, and custodial services in a secure and compliant way in Switzerland for the crypto portfolios that [CPIC Investment Management (HK)] advises on for its clients,» said CPIC Investment Management (HK) CEO Chenggang Zhou.
«Our collaboration with CPIC Investment Management (HK) demonstrates our commitment to an expansion into Hong Kong and Asia Pacific as a key region for digital assets,» added Amina Group’s APAC CEO Amy Yu.