Blockchain
DeFi Technologies Closes CHF 25 Million Investment in Swiss Global Digital Assets Bank, SEBA Bank AG
DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company bridging the gap between traditional capital markets and decentralized finance, announced today that it has closed its investment of CHF 25 million into SEBA Bank AG (“SEBA Bank” or “SEBA“), a fully integrated FINMA licensed digital assets banking platform.
SEBA Bank holding a FINMA licence granted to a financial services provider with a core capability in digital assets, is currently supporting over 25 markets globally, having strengthened its presence in APAC, specifically Hong Kong and Singapore; along with other priority markets in the Middle East including a dedicated office in Abu Dhabi. The investment from DeFi Technologies, and the other key participants, will further accelerate the growth of SEBA Bank internationally.
Russell Starr, CEO of DeFi Technologies said “It’s an exciting time in the digital asset sector. We’re happy to be working with SEBA Bank to pioneer additional products and solutions that provide greater access to regulated investment opportunities in the growing decentralized finance and Web 3.0 space.”
DeFi Technologies previously announced a preferred partnership agreement with SEBA Bank. The “Preferred Partnership Agreement” outlines a framework for DeFi Technologies to become a preferred provider of staking services, client referrals, market making and liquidity to SEBA, and SEBA to become a preferred provider of custody services to DeFi Technologies. The Preferred Partnership Agreement also outlines further cooperation between SEBA and DeFi Technologies with respect to asset and investment management, mining services, tokenization, digital capital markets and institutional research.
Learn more about DeFi Technologies at defi.tech.
Blockchain
CoreNest Capital, Sologenic’s VC partner, invests in Texture, a U.S.-based broker-dealer, to launch SoloTex, a new platform for trading tokenized equities
Sologenic + Texture = SoloTexAs a result of a strategic partnership between the Sologenic Development Foundation and Texture Capital Inc., a FINRA—and SEC-licensed broker-dealer, SoloTex aims to be the ultimate gateway to tokenizing and trading capital markets on demand.This innovative approach leverages tokenization to introduce features like enhanced liquidity, fractional ownership, and quicker settlement processes, offering a more efficient way to manage and exchange assets.Join the waitlist at SoloTex.com to learn more.
Blockchain
Bybit Strengthens Partnerships and Explores Islamic Finance Innovation at Exclusive Forum
Blockchain
Automotive Finance Strategic Business Report 2024: Global Market to Reach $517.9 Billion by 2030, Fueled by Increasing Preference for Flexible Finance Options, Including Leasing & Subscription Models
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