Swiss SEBA Bank Unveils “Discretionary Mandates” to Support Investors in Digital Asset Strategic Allocation

SEBA Bank, a Switzerland-headquartered digital asset bank that holds regulatory licensing, announced on Friday it has added discretionary mandates to its investment solutions suite. According to SEBA, Mandates on digital assets are a “natural extension” of the bank’s asset management capabilities and a testament to the bank’s mission to serve as a secure and convenient bridge into the digital asset world.

While sharing more details about the mandates, Stefan Schwitter, Head Investment Solutions SEBA Bank, stated:

“Many investors are looking to build strategic exposure to digital assets as the unique performance drivers and significant diversification benefits are compelling. We are very pleased to leverage our asset management and regulated research expertise by offering our client customized discretionary mandate portfolios. ”

Yves Longchamp, Head Research SEBA Bank, added:

“Investors interest in digital assets is growing rapidly. Many want to benefit from custom solutions and to go beyond bitcoin. SEBA Bank´s unique discretionary mandates offer investors bespoke access to the return drivers and diversification benefits of this new asset class. We are pleased to provide our expertise in digital assets to build exposure in this new asset class.”

Founded in 2018, SEBA claims it is a licensed and supervised Swiss bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets. Secure, trade, and manage cryptocurrencies, digital assets, and conventional securities all in one place. The bank began offering financial services on November 12, 2019, after receiving regulatory clearance from Switzerland’s Financial Market Supervisory Authority (FINMA). SEBA Bank has been licensed to provide banking services and may offer financial securities. Previously, it was reported that SEBA was planning to raise $96.5 million in capital from new investors. The bank raised substantial investments in its debut fundraising round, having secured more than $103 million in November 2019.