Swiss Crypto Bank SEBA Takes Another Bite of DeFi with New Token Addition
9 hours ago by Oluwapelumi Adejumo · 3 min read
Photo: Depositphotos
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SEBA bank offers a seamless, secure, and accessible bridge between digital assets and traditional or real-world assets.
The famous Swiss Crypto Bank SEBA has again expanded its cryptocurrency offerings after adding three new tokens to its current six. This Monday, on May 3rd, 2021, the FINMA licensed bank announced that it would now support three new decentralized finance tokens, Uniswap’s UNI, Synthetix’s SNX, and Yearn.Finance’s YFI. This expansion is a part of SEBA continuous exploration of the DeFi space, as the crypto bank has always been an active participant in the DeFi space. Now clients will enjoy the benefits of these three new tokens, including the investment, custodial, and trading services these tokens offer.
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Adeniyi Olowoporoku
on
December 23, 2020 Blockchain
Swiss digital asset firm SEBA Bank has revealed that it has raised 20 million Swiss francs ($22.48 million) in its latest round of funding.
New Round of Funding Aimed at Expansion
SEBA Bank revealed in a press release that the Series B funding had been approved at its extraordinary general meeting. The company did not disclose the names of the investors that partook in the funding but revealed that some of the investors were from Switzerland, Europe, and Asia.
With the capital raise, SEBA Bank intends to accelerate the growth and reach of the company. It also revealed that the equity capital will strengthen its capital base and enable the bank to offer expanded products and services.