SwissBorg launches its flagship digital assets trading platform

Founded in 2018 by a team of financial experts and engineers, SwissBorg is an investment platform designed to make wealth management accessible to everyone by providing them with the opportunity to invest in crypto assets in a fair, safe and easy manner, and without hidden fees.

The startup has launched its WealthApp, a wealth management App whose financial engine provides users with the freedom and security to buy Bitcoin and other digital assets with ease and at the best price.

Elaborating how the app works to provide the best prices, Bastien Muster, Head of Analytics and Growth at SwissBorg says: "WealthApp is more than just a comparison platform. We are doing the work for the users. With just one account, we are connected with multiple exchanges (Binance, Kraken, Lmax & hitbtc) from which we compute and create the best execution. For the user, it takes only one click and everything is executed in less than a second".

The WealthApp allows users to deposit in fiat and crypto, execute trading on a single interface connected to multiple exchanges, use the Smart Engine and the Hourly Asset Analysis to manage their portfolios. Currently, the app features three products - Bitcoin, Ethereum and SwissBorg token (CHSB). New tokens will be added this spring. The app is available in Switzerland and 30 more countries including Germany, France, Spain, Italy, Korea and India.

According to Bastien Muster, the company has started generating revenues and over 3000 community members that joined the platform have staked more than 8 Million SwissBorg tokens.
This launch builds on SwissBorg's accomplished milestones and success. In the same year of incorporation, the company raised CHF50 million in its ICO. "Like many other ICOs, we raised 80% in crypto assets at the highest peak - ETH was $1350,  today is at $170 - but we managed to hedge our portfolios and not lose 90% like the market. Today, we have enough funds to cover our burn rate", explains Bastien Muster. The company comprises 55 employees with the majority based at headquarters in Lausanne and Toronto, London, and Talin.

(RAN)