Crypto Broker AG, the brokerage subsidiary of The Crypto Finance Group, has been granted a securities house licence by FINMA. This significant milestone follows a successful previous year for the group, with the brokerage trading over USD 1 billion in assets in 2020.
During last year digital assets really started to conquer the traditional financial services industry. One of the trendsetters was The Crypto Finance Group. With the FINMA license, the Zug-based company can further accelerate the trend and its own growth.
Crypto Broker AG is one of the few crypto brokers worldwide fulfilling the licencing requirements that securities firms active in the established financial markets do. Once effective, the licence also brings new business potential: the possibility to trade security tokens will bring continued growth with financial service clients for both specific products as well as complete core banking solutions.
“Getting the securities house licence for our brokerage is a pivotal moment for us. It means that we will be able to offer our professional – and regulated – services to even more financial institutions, enabling them to enter this new asset class,” says Jan Brzezek, founder and CEO of the Crypto Finance Group.
(Press release / SK)
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