Swiss-based Seba digital asset bank plans $95M capital raise

by in Cryptocurrency News

Seba crypto bank

A young Swiss-regulated crypto bank Seba, which is carrying administrative licensing, plans to try a secondary funds raise to collect upper $95 million in extra reserves.

Seba intends to obtain $96.5 million from new investors during the second round.

After FINMA established the equipment to function in the sphere of banking and securities, a crypto-oriented startup announces its launch. That happened on November 12, 2019.

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The CEO of the bank Guido Bühler announced, that the bank raised above $103 million capital during the first capital raising round.