#Matrixport , a leading crypto financial services hub, has completed the acquisition of Crypto Finance (Asset Management) AG (CFAM), a Swiss-based crypto asset manager previously owned by #DeutscheBörseGroup . The acquisition, paid entirely in cash, has resulted in the renaming of CFAM to Matrixport Asset Management AG (MAM). MAM specializes in institutional-grade crypto investment solutions and manages Switzerland's first FINMA-approved crypto fund.

The acquisition strengthens Matrixport’s position in Europe, expanding its regulatory footprint and service offerings. CFAM’s former head of asset management, Stefan Schwitter, has been appointed CEO of MAM. The deal has received all necessary regulatory approvals from FINMA, reaffirming Matrixport's commitment to regulatory compliance and growth in the digital assets industry.

Matrixport, founded in 2019, manages $6 billion in assets and offers diverse crypto financial solutions globally. It holds various regulatory licenses, including in Hong Kong, the UK, and Switzerland, and was recognized as one of the "50 Most Promising Blockchain Companies."