Matrixport has completed the full-cash acquisition of Crypto Finance Asset Management AG (CFAM), a subsidiary of the Deutsche Börse Group.
Rebranding and New Objectives
Following the acquisition, CFAM has been rebranded as Matrixport Asset Management (MAM). The new entity will focus on delivering institutional-grade crypto investment solutions and a range of structured crypto investment products.
Regulatory Approval and CEO Appointment
Matrixport confirmed it has secured all necessary regulatory approvals, including clearance from the Swiss Financial Market Supervisory Authority (FINMA), to operate the new division. Stefan Schwitter, who formerly headed CFAM’s asset management division, has been appointed as the CEO of the new entity.
New Investment Products
Matrixport continues to expand its range of investment products, recently launching the new structured product “Seagull” to further diversify its offerings. Seagull offers flexible settlement options for single-sided market trends, supporting low-threshold investments in USDT, BTC, and ETH starting at 100 USDT.
The merger with CFAM and the launch of new investment products underscores Matrixport's commitment to expanding its services and offering innovative solutions in the crypto investment space.
Comments