Singapore-based crypto financial services platform Matrixport is expanding its presence in Europe with the acquisition of Swiss crypto asset manager Crypto Finance. According to an announcement made on September 30, Matrixport has acquired Crypto Finance Asset Management (CFAM) in an all-cash transaction. CFAM was part of Deutsche Börse Group’s Crypto Finance Group (CFG). Following the acquisition, CFAM has been rebranded as Matrixport Asset Management (MAM) and will focus on providing institutional-grade crypto investment solutions as a Switzerland-based unit. What do you think of this development? We look forward to your comments.