Matrixport has strengthened its standing in Europe by purchasing Crypto Finance Asset Management (CFAM), a Swiss crypto asset management firm.
On September 30, the company in Singapore completed the acquisition through an all-cash transaction. Through this acquisition, Matrixport can now enhance its crypto investment offerings for European institutions.
Part of the acquisition was CFAM, which had been linked to the Deutsche Börse Group‘s owned crypto finance group (CFG). Matrixport has renamed the Swiss asset manager Matrixport Asset Management (MAM). The recently created team intends to offer top-notch crypto asset management services from its base in Switzerland.
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Stefan Schwitter was promoted to CEO of the new Matrixport Asset Management. With his expert background in finance, Schwitter will guide MAM in offering crypto investment services. His selection supports Matrixport’s objective to harness CFAM’s proven infr
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