This crypto business just acquired a Swiss asset manager to take their business to the next level

Matrixport, a leading all-in-one financial services hub, is setting new standards in the crypto market space.

Founded in 2019 and holding $6 billion in assets under management, Matrixport is changing how people invest. It’s achieving this by ensuring that investors’ interests are aligned with the company.

The new acquisition is an entry point to the European crypto asset management market

Keen to maximize what it offers its investors, Matrixport has gone one step further through the 100% equity acquisition of Crypto Finance (Asset Management) AG (CFAM), a licensed Swiss crypto asset manager.

Previously part of the Deutsche Börse Group-owned Crypto Finance Group, following the all-cash acquisition, CFAM will be renamed to Matrixport Asset Management (MAM). Through the acquisition, Matrixport gains entry into the European crypto asset management market.

As a pioneer in delivering institutional-grade crypto investment solutions, MAM will also manage the first crypto fund approved by the Swiss Financial Market Supervisory Authority (FINMA). Leveraging CFAM’s existing pan-European market access and sales network, Matrixport will be able to provide a suite of crypto investment products to its investors.

After the acquisition, some original CFAM team members, who have over 20 years of experience, will join MAM. By doing so, they will help MAM expand its market footprint in Europe while boosting its global compliance process where it can offer FINMA-compliant fund products. Matrixport is already licensed in Hong Kong, operating as a Representative in the UK, and is registered as an MSB in the US.

Not only does the acquisition strengthen Matrixport’s commitment to global compliance, acquiring CFAM has come at the right time for the company. With the US Securities and Exchange Commission’s approval of the first spot Bitcoin exchange-traded fund (ETF) and spot Ether ETF, and the introduction of the European MiCa framework in Europe, there is huge demand for crypto growth.

Further opportunities for growth lie ahead

With so much potential, Matrixport is keen to get things moving and build on what they and CFAM have achieved. One way MAM is doing this is by launching a multi-strategy fund and engaging with various institutions on white-label fund products.

Through this, MAM can provide a wide range of crypto asset investment options for qualified institutional and individual investors, underwriters, and retail investors across Europe. MAM will also have the opportunity to gain access to the Swiss pension market, which currently holds more than one trillion Swiss Francs in assets, and can develop the only FINMA-regulated fund — the Crypto Market Index Fund — into an ETF.

Founded in 2017, CFAM, which is Switzerland’s first crypto asset manager to be licensed as an authorized manager of collective investment schemes by FINMA, brings with it its own impressive product line.

This includes investment funds, market index funds, two multi-coin exchange-traded products (ETPs), one multi-coin actively managed certificate (AMC), and extensive white-label services to cater to the needs of investors. They are also planning on launching a market-neutral strategy in the coming months.

CFAM has also collaborated with the APEX Group, which has trillions of assets under management. It enables the quick creation and launch of crypto ETPs and AMCs, flexibly responding to market demands.

With such an array of services available, the acquisition enables clients access to innovative crypto asset management products. As such, this aligns with Matrixport’s strategy to further expand services in Europe.