Crypto Finance AG, a financial technology holding company founded in June 2017 today announced that its subsidiary Crypto Fund AG received Switzerland’s FINMA license to be a distributor of collective investment schemes and gains the opportunity to distribute funds to qualified investors.
Crypto Fund AG is the first crypto fund company in Switzerland to receive this authorization. Crypto Fund AG is part of the Crypto Finance Group. The group comprises three subsidiaries, Crypto Broker AG (brokerage), Crypto Storage AG (storage) and Crypto Fund AG (asset management).
“All employees of Crypto Fund AG have many years of experience in asset management,” says Mathias Maurer, COO of Crypto Fund AG. The approval of FINMA as a distributor enables Crypto Fund AG to distribute funds to qualified investors.
“For us, getting the FINMA license is a big step in the right direction, to establish us as the first point of contact for crypto assets,” concludes Jan Brzezek, CEO, and founder of Crypto Fund AG.
Crypto Fund AG is also a member of the VQF – a self-regulatory organization (SRO) in Switzerland.