Announcement of the Completion of Acquisition of Crypto Finance (Asset Management ) AG
Dear Matrixport User,
We are pleased to announce the completion of its all-cash acquisition of Crypto Finance (Asset Management) AG (“CFAM”) on 30 September 2024.
Launched in 2017, CFAM is the first supervised crypto assest manager for collective investments authorized by FINMA, previously part of the Deutsche Börse-owned Crypto Finance Group (CFG). CFAM can provide crypto investment products to the pan-European market targeting institutional, qualified investors, wholesale, and retail investors. CFAM is also the first Crypto-focused member of the Asset Management Association Switzerland (AMAS).
CFAM has been renamed Matrixport Asset Management AG (MAM), and Stefan Schwitter, the previous head of asset management at CFAM, has been appointed as the CEO of MAM. MAM will provide compliant crypto asset management services to the pan-European market through the authorization by FINMA, accelerating the construction of Matrixport's global compliant footprint.
According to the group's plan, Matrixport will complete the strategic integration of CFAM in Q4 of 2024, rapidly invest in the R&D of new products, and launch its own Multi-Strategy Fund. MAM will further enrich its asset management products based on existing funds, and provide high-quality crypto asset management services to qualified institutional & individual investors, wholesale, and retail investors in the pan-European market.
Thank you for your continued support and attention to Matrixport!
Matrixport Team
September 30, 2024
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