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SEBA Bank Partners With HashKey Aiming At Institutional Investors In Hong Kong

Crypto bank SEBA Bank, and HashKey, a digital asset financial services group, have created a strategic relationship to accelerate the institutional adoption of digital assets in Switzerland and Hong Kong.

According to a press release, HashKey will become SEBA Bank’s preferred digital asset trading and market development partner in Hong Kong. Meanwhile, HashKey’s banking partner will be SEBA Bank. A Memorandum of Understanding has been signed to formalize the relationship.

Franz Bergmueller, Group CEO of SEBA Bank, commented:

“We’re proud to partner with Hashkey to establish and strengthen our presence in this critical market. As a leading provider of digital asset financial services in the Asian markets, HashKey will play an important role in expanding our presence and network in the region.”

HashKey Group and SEBA Bank Executives at the HashKey Office for the MOU Signing Ceremony. Source: HashKey Group

Bergmueller stated that Hong Kong is a top jurisdiction in terms of crypto product and service licensing. As a result, the bank is keen to join the local digital asset ecosystem and expand its footprint in the nation via HashKey.

The two companies want to develop a variety of solutions for institutional investors looking to enter the crypto ecosystem. Both firms stated that they are committed to compliance and the adoption of different regulatory frameworks within their respective jurisdictions.

SEBA Bank is a cryptocurrency company that provides a seamless, secure, and easy-to-use bridge between digital and traditional assets. Its services allow customers to secure, trade, and manage cryptocurrencies, digital assets, and conventional securities all in one place. It also allows customers and clients to have access to convenient and transparent investment solutions for their crypto and traditional assets.

The company was founded in 2018 and is based in Zug, Zug, Switzerland.READ LESS

As Coincu reported, SEBA Bank opened a new office in Hong Kong at the end of November.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.