Swiss startup Crypto Finance has secured a €13.three million Sequence B spherical led by Swiss investor Rainer-Marc Frey and Beijing-based Lingfeng Capital, with assist from Hong Kong’s QBN Capital and others. The fintech startup will use the funding to proceed increasing internationally, the place nearly all of its purchasers reside.
Primarily based in Zug, the corporate gives asset administration, buying and selling, tokenisation, and storage options for institutional buyers. The brand new funding, which brings the corporate’s whole funding to €34.2 million, creates new connections between the fintech sectors of Europe and the Asia Pacific area.
“The strong monetary regulatory discipline and vibrant crypto group attracted QBN to spend money on Switzerland. Crypto Finance is without doubt one of the greatest in its ranks. Digital asset buying and selling is right here to remain, and we will study from Swiss expertise,” stated Dr. Frank Tong of QBN Capital.
Dr. Ming Shu, associate at Lingfeng Capital, echoed that sentiment: “We sit up for constructing a bridge between Europe and Asia with Crypto Finance, and the convergence of conventional and digital asset courses.” Dr. Shu will be part of the Swiss firm’s board.
Picture: Crypto Finance CEO, Jan Brzezek