Crypto Broker AG –
Terms & Conditions of use of online onboarding application interface
Please read the following terms and conditions of use of this online onboarding application interface of Crypto Broker AG (“Online Onboarding Application Interface Terms and Conditions”) carefully before proceeding further.
Crypto Broker AG (“CBAG”) is a subsidiary of Crypto Finance AG (“CFinAG”) and incorporated as a Swiss stock corporation with its registered office in Zurich, Switzerland. As a financial intermediary, CBAG is subject to the Swiss Anti-Money Laundering legislation, and, as such, a member of the Financial Services Standards Association (VQF) (“VQF”). The VQF acts as a self-regulatory organisation officially recognised by the Swiss Federal Market Supervisory Authority (FINMA) (“FINMA”), and is obligated to supervise its members with regard to the combatting of money laundering and the prevention of the financing of terrorism. CBAG is not subject to prudential supervision by FINMA, and clients of CBAG do not benefit from any protection under a deposit insurance scheme.
Please note that this online onboarding application interface (“Interface”) only allows you to apply online to CBAG to be considered as a prospect and potential future client of CBAG. Please further note that CBAG cannot accept retail clients. Your application and your potential acceptance as a future client of CBAG is subject to the external onboarding requirements under the relevant regulations and laws as well as CBAG’s internal requirements and policies, as applicable at any time. Your application and your use of this Interface is subject to this Online Onboarding Application Interface Terms and Conditions.
No Offer and no Unsolicited Applications
This Interface does not constitute an offer, or promise to accept you as a client of CBAG. It remains at CBAG’s sole discretion whether and how to proceed with your application to be considered as a potential future client of CBAG. This Interface is not intended and shall not be construed in any way as any form of promotion, recommendation, inducement, offer, or solicitation to (i) become a client of CBAG, (ii) purchase, sell or invest in any way in any cryptocurrencies or crypto assets, (iii) transact any other business, or (iv) enter into any other legal transaction, or client or other relationship.
By accessing and using this Interface you confirm that you are applying to CBAG on your own behalf, for yourself, and based on your own initiative without having been solicited in any way by CBAG or any of its employees or affiliates.
This Interface of CBAG and the website of CFinAG must not be accessed by any person subject to a jurisdiction (e.g. due to that person’s nationality and/or place of residence and/or tax domicile and/or place of business and/or restrictions in or prohibitions of trading and investing in cryptocurrencies or assets) in which this Interface and the access to or use of it is prohibited for any reason. Persons to whom these restrictions apply are prohibited from accessing and using this Interface.
Collection of Personal and other Information
This Interface collects the personal and other information you provide in the input fields. This information is stored and processed by CBAG and its affiliates for the sole purpose of assessing your application. You can retrieve and amend the information you have provided by following the provided link. Please see the respective online instructions. Changes are possible until you have marked the information you have provided as final. Please note that the link you receive allows access to your information. You should, therefore, not share it, and keep it strictly confidential.
CBAG will protect the integrity and safety of the information you have provided via this Interface to CBAG by adequate measures. You should, however, be aware that the integrity and safety of your information on your side and within your infrastructure when providing, accessing, or amending it is beyond CBAG’s control and under your sole responsibility.
No Warranty and no Liability
No warranty is given that this Interface will operate error free or without interruption, that any faults will be corrected, or that this Interface and the related infrastructure and servers will be free of harmful components and programmes. CBAG accepts no liability in respect thereof. CBAG shall not be liable for any direct or indirect loss or damage, including but not limited to, loss of profit that you may incur as a result of accessing and using this Interface.
Investing in cryptocurrencies and crypto assets entails risks. If you are not familiar with the risks, please exit this Interface and the website. If you understand the risks involved in trading and investing in cryptocurrencies and crypto assets, you confirm that you are able to take these risks. Trading and investing in cryptocurrencies and crypto assets bears the risk of a total loss of the amount or value traded or invested. Cryptocurrencies and crypto assets are very volatile and their value may fluctuate extremely in a short period of time.
Intellectual Property, Copyright, and Trademark Rights
All components of this Interface are protected by intellectual property laws and are the property of CBAG and its affiliates or third parties. Components of this Interface may not be reproduced in whole or in part in any manner or form. Users are not permitted to create hyperlinks or inline links from other websites to this Interface without the prior written consent of CBAG.
Changes to the Online Onboarding Application Interface Terms and Conditions
CBAG reserves the right to change these Online Onboarding Application Interface Terms and Conditions at any time. Please read these Online Onboarding Application Interface Terms and Conditions whenever you access the Interface to ensure that you agree to the terms and conditions of any amended version. If you do not understand, or do not agree with any of the terms and conditions contained in the Online Onboarding Application Interface Terms and Conditions currently in effect, please exit this Interface and the website.
Applicable Law and Place of Jurisdiction
Access to and use of this Interface as well as the Online Onboarding Application Interface Terms and Conditions shall be governed by Swiss law without giving effect to its conflict of law principles.
Any dispute arising out of or in connection with this Interface and the Online Onboarding Application Interface Terms and Conditions shall be submitted to the exclusive jurisdiction of the courts of Zurich, Switzerland.
The Crypto Finance Group is proud to receive the Swiss FinTech Award 2019 as Growth Stage Start-up of the Year. The award was announced after a rigorous selection process for 70 start-ups, involving a boot-camp, multiple pitch sessions. The reviews by the high-calibre jury members included experts and entrepreneurs from banking, industry, and fintech.
March 15, 2019, Zug, Switzerland. The Crypto Finance Group, with subsidiaries Crypto Fund AG, Crypto Broker AG, and Crypto Storage AG, is honoured to be selected as the Growth Stage Start-up of the Year at the 2019 Swiss FinTech Awards from among 70 competing start-up companies. The qualification as Growth Stage Start-up of the Year includes a rigorous application process for Swiss-based fintech start-ups founded more than two years ago and funded by more than CHF 2.5 million in investors’ funds.
Alongside the Early Stage Start-up of the Year, Apiax, the Crypto Finance team made a final start-up pitch with the other 3 finalists at the Finanz und Wirtschaft Forum “FinTech 2019” yesterday afternoon at the Dolder Grand in Zurich. The FinTech Influencer of the Year, Altbundesrat Johann Schneider-Ammann and the Start-up of the Year winners were announced in the evening during the award ceremony at the “Swiss FinTech Awards Night 2019”. The teams and supporters celebrated during an evening programme that included guest of honour Jean-Claude Biver, a renowned entrepreneurial champion, speaking about his experiences.
CEO and founder Jan Brzezek comments, “The Swiss FinTech Award has established itself in the Swiss finance landscape, and our team at Crypto Finance AG is honoured to win in 2019 and take the stage at this influential event.”
Film: CEO Jan Brzezek speaks about Crypto Finance Group during the Swiss FinTech Award selection process.
Crypto Broker AG launches the first automated 24/7 crypto trading in Switzerland, following their triumph at the 2019 Swiss FinTech Awards.
Crypto Broker is extremely proud to be the first Swiss financial services provider to offer automated 24/7 crypto trading. The company is one of only a few global players to offer this market-leading service. Automated 24/7 trading is a further development in their market-leading infrastructure introduced in 2017, and another milestone for the team of experienced financial market professionals and IT developers. This announcement follows the recent triumph for parent company Crypto Finance AG, named Swiss FinTech of the Year at the 2019 Swiss FinTech Awards.
March 18, 2019, Zurich, Switzerland. Crypto Broker AG, a subsidiary of Crypto Finance AG, is proud to announce automated 24/7 trading, adding to their market-leading, professional crypto trading operations. Crypto Broker is the first financial services provider in Switzerland to offer automated 24/7 trading. The company is one of only a very few leading global brokerages offering this capability. This announcement follows their success at the 2019 Swiss FinTech Awards: Crypto Finance AG was named Swiss FinTech of the Year.
Crypto Broker’s 24/7 trading capability is an additional step for the company in closing the gap between the global financial world and the emerging digital asset market. Crypto assets are among the few types of assets traded 24 hours a day, 7 days a week, and 365 days a year. For investors active both in crypto and established financial markets, continuous market access is essential to respond to market opportunities.
Crypto Broker AG meets the demand for automated, secure, professional 24/7 crypto asset trading
Crypto Broker clients can now access streaming prices and trade online with the secure, professional Crypto Asset Trading (CAT) Platform 24 hours a day, 7 days a week. Group CEO and founder Jan Brzezek comments, “With 24/7 trading, Crypto Broker confirms their excellence, hallmarked by the quality of execution that our clients have come to appreciate from our team, as Swiss financial professionals.”
From the Crypto Broker trading floor, Simon Tobler, Head of Trading, comments: “With the introduction of 24/7 trading, clients are now able to trade Bitcoin and other large-caps around the clock in a click. Crypto Broker will continue to set new standards in automated trading infrastructure as a first-mover in digital asset markets.”
Crypto Broker AG allows institutional investors to participate in this emerging digital asset class with professional, secure, liquid, and transparent trading services. Crypto Broker is a VQF-regulated financial intermediary offering qualified investors professional access to the crypto asset market. The trading infrastructure was developed and is maintained by a specialised team of trading, crypto, and IT experts. Crypto Broker’s infrastructure gives access to the world’s leading crypto exchanges via a proprietary algorithmic order management system and provides RFQ and streaming prices.
Access to the quickly growing crypto asset class is possible through various regulated investment funds provided by Crypto Fund AG, a FINMA-licensed asset manager for collective investments and subsidiary of Crypto Finance AG.
The recently launched product offers a systematic long-short solution in the form of an AIF (Alternative Investment Fund). With this approach, investors benefit from the high volatility of the developing crypto asset market through a collective investment scheme.
This young market has been strongly influenced by retail participants and the current lack of institutional investors. These types of markets are ideal for CTA strategies that benefit from existing market inefficiencies with disciplined, rule-based investment decisions. The ability to hold long and short positions makes it possible for portfolio managers to achieve positive returns, independent of the overall market performance.
Want to know more? Please contact us. The specialists at Crypto Fund AG are available to answer your questions or discuss blockchain, crypto assets, and collective investments.
About Crypto Fund AG
With their investment funds, Crypto Fund AG allows investors to participate in this emerging digital asset class with professional, secure, liquid, and transparent exposure. The Crypto Fund team approaches crypto asset management with the same professional mind-set and standards as the best in the traditional financial industry. Because Crypto Fund’s products meet the due diligence requirements of a collective investment fund, investors benefit from several unique advantages. These include easy and secure access, assets stored with a regulated bank in Europe, funds administered by reputable service providers, and leadership in the sector with the first, and only, regulated asset manager for collective investments in crypto assets authorised by FINMA.
IOTA Foundation partners with Crypto Storage AG to offer the first institutional-grade IOTA token storage infrastructure solution.
Crypto Storage AG provides the first professional IOTA crypto token storage infrastructure solution worldwide. IOTA has set itself apart from blockchain developments with the creation of the Tangle. The Tangle is a permissionless, no-fee distributed ledger, designed as the basis of a global protocol for the Internet of Things (IoT) that does not rely on traditional blockchain technology. Industry partners are developing concepts with IOTA across automotive, mobility, eHealth, and smart energy sectors as well as social impact and government regulations, supply chain, and global trade activities. Crypto Storage AG, a subsidiary of Crypto Finance AG, brings a solution with a new professional level of security for IOTA’s industry partners and users.
January 9, 2019, Zurich, Switzerland. Crypto Storage AG, a subsidiary of Crypto Finance AG, is pleased to announce the result of its collaboration with the IOTA Foundation: the first multi-signature storage solution available for the storage of high volumes of IOTA tokens worldwide. This storage solution is designed to meet the needs of financial intermediaries as well as significant partners across a variety of industries working on concepts that use IOTA. The collaboration between the IOTA Foundation and Crypto Storage AG enables private and public investors as well as institutional investors and beneficiaries to manage access to their IOTA tokens securely. IOTA enables new business models for companies and organisations. Users of the Crypto Storage solution receive an additional level of security through separate infrastructures and definable approval processes.
“Crypto Storage AG is proud to support the IOTA platform with our top-tier infrastructure, as we see rising demand with our clients and IOTA’s industry partners to enable the IOTA token without compromising on security,” says Stijn Vander Straeten, CEO of Crypto Storage AG.
Started in 2015, IOTA sets itself apart from blockchain developments, with the goal of driving the future economy of interconnected and autonomous devices. Key elements in this distinctive approach include their distributed ledger called the Tangle, the open-source eco-system, and the vision of enabling the Internet of Things. IOTA is helping create concepts for machines to share data in automotive, mobility, eHealth, smart energy, humanitarian and government regulations, supply chain, and global trade industries. “Keeping data secure with infrastructure from Crypto Storage AG will contribute to the development of these concepts and the IOTA Foundation’s vision of supporting a machine-to-machine economy,” says IOTA co-founder David Sønstebø.
Crypto Storage AG adds IOTA to its crypto asset storage capabilities. This provides specific benefits for two key groups: Crypto Storage AG clients now may enable their business model with IOTA investments, and leading companies in industry working with IOTA can meet their institutional and compliance requirements.
IOTA is a not-for-profit foundation incorporated and registered in Germany. The IOTA Foundation’s mission is to support the development and standardisation of new distributed ledger technologies (DLT), including the IOTA Tangle. The IOTA Tangle is an innovative type of DLT specifically designed for the Internet of Things (IoT) environment. It is an open-source protocol facilitating novel machine-to-machine (M2M) interactions, including secure data transfer, no-fee, real-time micropayments, and the collection and dissemination of sensor-based and other data. www.iota.org
Crypto Storage AG, a subsidiary of Crypto Finance AG, enables financial intermediaries and corporates to store more than 60 different crypto assets securely with an institutional-grade infrastructure solution.
The Crypto Storage infrastructure solution raises market standards by introducing a new security paradigm, with two layers of dedicated and redundant hardware devices. This set-up allows for a dedicated, independent, and highly flexible multi-signature framework. All transactions can be reviewed and approved independently on dedicated tamper-proof hardware. The Hardware Security Module, the Crypto Storage tamper-proof signing device, and the tailored software solution are all developed by leading Swiss providers with vast experience in finance and IT security.
The Crypto Finance Group is building a bridge between the traditional financial world and the emerging crypto asset market with crypto asset management, trading, and storage infrastructure. Recognised in their first year of operations among Crypto Valley’s Top 50 blockchain companies, and among the Top 100 Swiss Start-ups, CEO Jan Brzezek and his experienced team founded the Crypto Finance Group with the conviction that all crypto market participants will benefit from professional, secure, and stable access to crypto asset markets. The group has offices in Zurich, Geneva as well as Zug, known as the Crypto Valley and home to possibly the world’s largest ecosystem of crypto companies and innovative organisations.
The Crypto Finance Group outlook for 2019 is strong after the first year of operations. With a client base of over 100 professional investors and financial intermediaries, representing thousands of investors worldwide, the Crypto Finance Group is on its way as a leading provider of products and services for digital assets. Despite renewed volatility and an evolving regulatory framework worldwide, the 2019 crypto asset market outlook promises professional investor growth and advances in blockchain technology. This evolution supports Crypto Finance in building its first-mover advantages.
December 17, 2018, Zug, Switzerland. The Crypto Finance Group, active in asset management, brokerage, and secure storage solutions for digital assets, looks ahead to a promising 2019 after its first year of operations. Crypto asset volatility and value patterns in this period developed similarly to that of the early internet economy. With the experience built over the last year, the Crypto Finance Group and its three subsidiaries have achieved first-mover advantages of interest for professional investors. Jan Brzezek, CEO and founder, comments, “2018 was a year of milestones for the Crypto Finance Group. We are happy to have established such a solid foundation, which benefits our clients and also sets the stage for further growth in 2019.”
Among the 2018 milestones, Crypto Fund AG has been recognised in the industry: the company is the first – and currently only – regulated asset manager for crypto assets authorised by FINMA under the Swiss Collective Investment Schemes Act. The year 2018 was also a year of strong growth in crypto assets under management in the industry, despite the large price swings. With this signal of a major shift in the investment industry, Crypto Fund AG will launch market-leading crypto asset products for professional investors in early 2019.
The Crypto Broker AG’s trading services offer optimised order execution across the world’s top crypto exchanges. For 2019, Crypto Broker AG will grow its capability in market making, providing liquidity for an as-yet fragmented and immature crypto asset market. Already now, the company’s clients are benefitting from live streaming prices through an API (application programming interface) and native web interface. As crypto asset regulation evolves, Crypto Broker AG is further enhancing its regulatory status beyond AML and KYC requirements, having applied to become a licensed and supervised securities dealer.
Crypto Storage AG is live and operational with multiple infrastructure solutions for clients to create, store, and handle crypto asset keys in complex institutional and corporate environments. Clients are able to store over 60 different crypto assets, including those that emerged from the recent Bitcoin Cash hard fork. Just three months after onboarding its first clients, the company also passed an SOC-2 audit. For 2019, Crypto Storage AG is developing additional solutions for clients with highly specific multi-signature and automation needs, demonstrating its expertise and fluency in crypto asset storage technology.
The Crypto Finance Group has a strong outlook for 2019: professional crypto asset investing is growing, even with price declines in 2018. The experienced trading and asset management team works with these market dynamics in their daily operations. “Bitcoin’s volatility and correlation with other crypto assets is a typical signal of market uncertainty. Our work in this field allows our clients to now participate on a professional basis and benefit from this developing asset class – across exchanges and crypto assets,” says Simon Tobler, Head of Trading at Crypto Broker AG.
What is next? An early 2019 highlight comes in January, with CEO Jan Brzezek speaking at the Crypto Finance Conference in St. Moritz, Switzerland, and meeting with leading investors in the sector.
About the Crypto Finance Group
The Crypto Finance Group provides institutional and professional investors with products and services on a level of quality, reliability, and security not seen in the digital asset space to date. The Group includes the holding company Crypto Finance AG and three subsidiaries: Crypto Fund AG, the first regulated asset manager for crypto assets authorised by FINMA under the Swiss Collective Investment Schemes Act; Crypto Broker AG, active in crypto asset trading; and Crypto Storage AG, providing crypto asset storage infrastructure.
The Crypto Finance Group is building a bridge between the traditional financial world and the emerging crypto asset market. Recognised in its first year of operations among Crypto Valley’s Top 50 blockchain companies (Crypto Finance AG), and among the Top 100 Swiss Startups (Crypto Fund AG), CEO Jan Brzezek and his experienced team lead the Crypto Finance Group with the conviction that all crypto market participants will benefit from professional, secure, and stable access to crypto asset markets. The group has offices in Zurich, Geneva as well as Zug, known as the Crypto Valley and home to possibly the world’s largest ecosystem of crypto companies and innovative organisations.
Crypto Fund AG, the first regulated asset manager for crypto assets authorised by FINMA under the Swiss Collective Investment Schemes Act, is pleased to announce the appointment of Philipp Cottier, PhD, as Chairman of the Board of Directors and Bernadette Leuzinger as Chief Operating Officer.
December 7, 2018, Zurich, Switzerland. Crypto Fund AG, a subsidiary of Crypto Finance AG, announces the appointment of Philipp Cottier, PhD, as Chairman of the Board of Directors, and Bernadette Leuzinger as Chief Operating Officer and Member of the Executive Committee. Philipp succeeds Tobias Reichmuth, PhD, who remains on the Crypto Finance AG Board of Directors. Bernadette Leuzinger succeeds Mathias Maurer as COO, who remains in the Executive Committee at Crypto Fund AG as Chief Financial Officer and Chief Risk Officer.
“Philipp Cottier is an experienced entrepreneur in fintech, private equity, and emerging markets. We are very pleased to announce this appointment at a period of exciting growth for Crypto Fund AG,” said CEO and co-founder Jan Brzezek. Philipp retains his positions on the Board of Directors of Crypto Finance AG and Crypto Storage AG.
Jan Brzezek added, “I wish to express my deep appreciation to Tobias Reichmuth for his commitment at the beginning of our work to establish Crypto Fund AG, a pivotal time in the development of the company.”
Regarding Bernadette’s appointment as Chief Operations Officer, Mathias Maurer commented, “We are proud that Bernadette has become an exceptional member of the Crypto Fund AG team with her knowledge of funds and crypto assets. She has demonstrated great strength and an ability to grow the business at Crypto Fund AG since its founding in April 2017.” With Bernadette’s experience in banking and finance, and her academic background researching blockchain, Crypto Fund AG is promoting a valuable contributor to the leadership team.
Crypto Fund AG allows investors to stay ahead of the market with essential products giving them professional, secure, and transparent exposure to the emerging crypto asset class. The Crypto Fund team approaches crypto asset management with the same professional mindset and standards as the best in the traditional financial industry. This means Crypto Fund clients benefit from unique advantages in crypto asset management: an expert, systematic fund offering; excellent fit with their requirements or systems; collaboration with regulated European banks and service providers; and leadership in the sector as the first, and only, FINMA-regulated asset manager for crypto asset funds.
About the Crypto Finance Group
The Crypto Finance Group provides institutional and professional investors with products and services with a level of quality, reliability, and security unique in the digital asset space today. The Group includes the holding company Crypto Finance AG and three subsidiaries: Crypto Fund AG, the first regulated asset manager for crypto assets authorised by FINMA under the Swiss Collective Investment Schemes Act; Crypto Broker AG, active in crypto asset trading; and Crypto Storage AG, providing crypto asset storage infrastructure.
The Crypto Finance Group is building a bridge between the traditional financial world and the emerging crypto asset market. Recognised in their first year of operations among Crypto Valley’s Top 50 blockchain companies (Crypto Finance AG), and among the Top 100 Swiss Startups (Crypto Fund AG), CEO Jan Brzezek and his experienced team founded the Crypto Finance Group with the conviction that all crypto market participants will benefit from professional, secure, and stable access to crypto asset markets. The group has offices in Zurich, Geneva as well as Zug, known as the Crypto Valley and home to possibly the world’s largest ecosystem of crypto companies and innovative organisations.
Crypto Fund AG, a subsidiary of Crypto Finance AG and one of the leading crypto asset investment managers for collective investment products, has entered into a cooperation with Blue Lakes Advisors SA.
The crypto asset space is a rapidly evolving landscape, with more than 300 investment funds established, managing upwards of US$ 5 billion. While the regulatory environment and custody aspects of crypto assets continue to progress and market volatility is much discussed, there is a general agreement that crypto and tokenized assets will become an independent asset class and the underlying blockchain technology will be one of the disruptive innovations in the years ahead.
With their key staff’s background in traditional asset management and expertise in crypto assets, Crypto Fund AG is one of the first companies to set up investment fund structures for institutional and professional clients. Storing the assets with a reliable custodian, using a reputable fund administrator, well-known domiciles and jurisdictions when initiating crypto investment products, are all factors paving the way for investments by the less-tech savvy, but forward-thinking investors.
The team of Blue Lakes Advisors will bring a wide range of experience and expertise to the fund selection and distribution activities, as well as advancing the understanding by investors of this emerging field. Mixing and matching traditional and alternative investment modes will be the way that the crypto space will gain increasing acceptance by mainstream investors.
About Blue Lakes Advisors
Blue Lakes Advisors is a Swiss company advising financial institutions in Europe and in the Middle East. Based in Geneva and Lugano, we are a small and proactive advisory boutique, a multiple solutions provider for investments. The combined skills of our advisors represents decades of experience in banks and financial services, including high-level management positions and encompassing a wide range of asset classes. Benefiting from our vast network, we have expertise in structuring financial solutions and adapting them to qualified investors throughout the world.
We are pleased to share this announcement from our new partner GENTWO Digital AG.
Newly-founded GENTWO Digital AG creates the world’s first issuing platform for financial products in the crypto space
GENTWO, specialized in independent securitization of financial products, and the Blockchain Service Provider inacta with its ICO platform Tokengate and the co-initiated Crypto Valley ecosystem (CV Competition, CV Summit, CV Maps) have announced the formation of the GENTWO DIGITAL AG, a joint venture based in the Crypto Valley Lab in Zug, Switzerland. The business makes it possible to display crypto assets as bankable financial products with a Swiss ISIN. GENTWO DIGITAL’s partner in developing the crypto asset market is Crypto Broker AG in Zurich, which belongs to the Crypto Finance Group. This collaboration creates the world’s first-ever issuing platform for financial products in the crypto area.
The market for crypto assets such as tokens or blockchain portfolios has so far been separate from the traditional capital market. Despite the fact that there are a few crypto funds, it has so far not been possible to display individual tokens or crypto portfolios as financial products. In addition to this, institutional investors could not invest in ICOs or they could only do so with great difficulty. The new securitization and issuing set-up by newly-founded GENTWO DIGITAL makes this possible now. The business provides a simple, affordable, and autonomous solution for investing tokens and crypto portfolios. This means that GENTWO DIGITAL connects the traditional financial market to the crypto market for the first time ever. The business does so in the simple and transparent manner to which conventional GENTWO clients are used.
Connected to more than 600 blockchain businesses
GENTWO founder Patrick Loepfe will be the chairman of the board of directors of GENTWO DIGITAL. While GENTWO will make the set-up available that is required for the independent securitization of crypto assets and their issuing as financial products, the other partners of this joint venture, and Marco Bumbacher and Ralf Glabischnig (both managing partners at inacta and board members of CV VC) in particular, will deal with connecting the new offer to the crypto community. This means that GENTWO DIGITAL is thereby connected to a pool of more than 600 blockchain businesses from the Crypto Valley.
Crypto Broker AG becomes the cooperation partner for the world’s first issuing platform for financial products in the crypto space
With Crypto Broker AG, a subsidiary of the Crypto Finance Group, GENTWO DIGITAL starts with the support of a qualified financial intermediary for trading crypto assets that are not securities.. Crypto Broker AG is acting as the trading partner to support some parts of this first issuing platform for crypto financial products. On this platform, existing portfolios can be securitized quickly, affordably, and transparently as actively managed certificates (AMC). Alternatively, individual tokens can be securitized as tracker certificates which can then be issued as financial products. In this way, Crypto Broker will expand their existing business and the clients of GENTWO DIGITAL can rely on Crypto Broker’s proven brokerage and storage setup.
About GENTWO AG
GENTWO, with its registered office in Zurich, is the Swiss provider of second-generation financial products. It combines services from FinTech, RegTech, and LegalTech into a disruptive solution for financial intermediaries for the issuing of financial products and advocates the democratization of the financial products market. The company was founded in 2018 by Patrick Loepfe and Philippe A. Naegeli, two acknowledged experts in financial products. www.g2fp.com
Crypto Fund AG is the first and only crypto company in Switzerland to receive authorisation from FINMA currently, with a license as an asset manager. This puts this subsidiary of Crypto Finance AG on the same regulatory playing field as other globally recognised and regulated Swiss fund managers and marks another key step in establishing the Crypto Finance Group as a leading provider of digital asset services to clients worldwide.
October 9th, 2018, Zurich, Switzerland. Crypto Fund AG, a subsidiary of Crypto Finance AG, is now the first and only crypto company to receive authorisation from the Swiss Financial Market Supervisory Authority FINMA under the Swiss Collective Investment Schemes Act CISA. This authorisation as a fund manager firmly positions Crypto Fund AG alongside globally recognised Swiss fund managers. CEO and co-founder of parent company Crypto Finance AG, Jan Brzezek: “The FINMA authorization for Crypto Fund AG is a key step for our clients and investors, and for us in becoming a leading provider of digital asset services worldwide.”
What does Crypto Fund’s asset manager authorisation mean for investors and crypto assets?
As an asset manager of collective investment schemes, Crypto Fund AG is authorised by FINMA to manage and distribute domestic and foreign investment funds to qualified investors and provide investment advice for institutional clients. “The authorisation represents our professional work over the last 12 months and is a major milestone for us. Our thanks go, above all, to our partners who made this ground-breaking authorisation possible and to FINMA for the good cooperation,” said Mathias Maurer, COO of Crypto Fund AG.
The step to authorisation as an asset manager of collective investment schemes by FINMA raises the bar for crypto companies in Switzerland and abroad. Without such an authorisation, the activities of crypto companies are limited in Switzerland and are only subject to fulfilling compliance with money laundering regulations; however, this does not address prudential supervision over all activities or the organisation of the crypto company.
With this authorisation, the crypto asset playing field has shifted, as Jan Brzezek comments: “The importance of crypto assets is growing and our aim is to accelerate maturity in these markets. Regulatory recognition remains highly sought after by participants, as seen in recent press and company statements.” FINMA authorisation is an important acknowledgement of Crypto Fund AG and for crypto assets around the world, coming from a country inextricably linked to banking and financial service expertise.
Crypto Fund AG Board of Directors is strengthened with the appointment of Professor Fabian Schär.
Furthermore, Crypto Fund AG is very pleased to announce the addition of Professor Fabian Schär to the Board of Directors. Professor Schär is currently Director of the Center for Innovative Finance CIF at the University of Basel in the Faculty of Business and Economics. His research areas include applications based on blockchain technology such as smart contracts, the transfer of financial assets in blockchain-based units (tokens) and further aspects of distributed ledger technology DLT. He is the author of the book “Bitcoin, Blockchain und Kryptoassets“.
“We very much appreciate the technological expertise Fabian will bring to the Board“, says Tobias Reichmuth, President of the Board of Crypto Fund AG.
I am very pleased to announce that today is the one-year anniversary of the Crypto Finance Group. It was on June 20, 2017 that we first announced ourselves and began on our journey. The past year has been an intense journey, and to be honest, we have been so busy that we almost missed our birthday.
One year ago today, we set out on an adventure to transfer the structures familiar from traditional banking to the young and exciting market of crypto assets. Thanks to our great clients, partners, colleagues, shareholders, and family and friends, we are now celebrating the completion of our first year in business. We have built many great relationships and partnerships, and we are looking forward to strengthening them even further.
We have built an amazing team with a positive entrepreneurial mind-set. It is this mind-set that allows our team to prosper and to take risks; to build a company from scratch, and to do work that has never been done before. Together, we have overcome many obstacles, worked really hard, and launched three separate entities: Crypto Fund AG (Asset Management), Crypto Broker AG (Trading), and Crypto Storage AG (Storage) were built up in laser-like time of just twelve months.
Today, we want to share a bit of perspective on what we have achieved over the last twelve months:
The Crypto Finance Group is a Swiss-registered financial group providing clients with full market access within the crypto asset universe. We successfully closed our Seed and series A round financing, and raised more than CHF 18.5m.
From idea to full-fledged company, the Crypto Finance Group has grown to include more than 35 highly-qualified internal experts with extensive traditional banking experience in the fields of managing assets, trading and security, as well as 12 external IT developers.
Crypto Fund AG and Crypto Broker AG became SRO Members with VQF – to ensure compliance with KYC and AML requirements.
Crypto Broker AG maintains partnerships with more than 10 of the global leading exchanges, and covers all the important crypto assets relevant to more than 95% of the global crypto market capitalisation.
The number of clients that Crypto Broker AG has onboarded exceeds our expectations. These clients include banks, asset managers, family offices, foundations, ICOs, and institutional investors, and we provide them full access to the world of crypto assets.
Crypto Broker AG is capable of managing large trading flows automatically thanks to API-connections to the leading exchanges, OTC desks, and an algo-based automated order management system. The proprietary brokerage platform was built in roughly 8 000 IT development hours together with our external developers, and is setting new standards in both the old and the new world.
Crypto Storage AG developed a unique storage solution that sets new standards in terms of security, usability, and the reduction of operational risk.
Crypto Storage AG went live in April, and, as of today, enables the storage of 57 cryptocurrencies out of the Top100 by market capitalisation. With this solution we are able to solve one of the last remaining issues in the crypto space: security.
Crypto Fund AG received the FINMA distribution license for foreign funds in Switzerland.
Although we have already achieved important milestones, we continue to challenge the status quo. We will also continue to leverage ourselves to drive innovation in an emerging market we profoundly understand and where we can make a significant contribution. Our Group aims to continue leading in the crypto space, while more and more investors and financial services providers are still waking up to the opportunity. We are well prepared to extend our journey by providing access and forging new pathways of navigation. We are looking forward to a tremendous second year in business.
Thanks for helping to make the Crypto Finance Group and the entire Crypto Nation a success!