Switzerland-based crypto bank SEBA Bank has opened office in Hong Kong to capitalize on the Asian region’s crypto adoption.
In these times when crypto adoption on a global scale is increasing, the moves of corporate companies continue. Despite the intense crypto bear market, there has been a noticeable growth in the number of investors and companies. Fintech companies, in particular, have made quite strong progress in the market. Recent FTX events have also highlighted that the growth process should be supported by law. In this context, many crypto companies spend a lot of time on licenses, offices and approvals. One of them, the crypto bank SEBA Bank, rolled up its sleeves to expand in the Asian market.
Crypto Bank Wants To Expand In The Asian Region
Switzerland-based crypto bank SEBA Bank recently launched its NFT custody service. Focusing on growth and expansion in the crypto industry, the company is making new moves. One of these moves came with the new office. The company has set its sights on the Asian region.
The statement from the bank said that the Hong Kong office will be a hub in APAC growth plans. Hong Kong has benefited from Singapore’s tighter regulation of the crypto industry. The Asian country aims to improve the crypto market in this area. Not wanting to miss this opportunity, SEBA also announced that it has opened an office.
“With a considerable history as an international financial center and a supportive regulatory approach to cryptocurrencies, Hong Kong is solidifying its position as a global leader in cryptocurrencies,” said Franz Bergmueller, CEO of SEBA Bank.
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