SEBA Bank, a fully integrated, FINMA licensed digital asset banking platform, today announced the listing of their digital asset based Exchange Traded Products (“ETPs”) at Euronext, a leading pan-European market infrastructure company, connecting European economies to global capital markets.
SEBA Bank’s current ETP offering consists of single-coin tracker certificates with Bitcoin, Ether and Polkadot as underlying instruments as well as the multi-coin SEBAX® Crypto Asset Select Index, an award winning and industry leading digital assets market index. These products will be listed in USD at Euronext Amsterdam and in EUR at Euronext Paris. Euronext is one of the leading pan-European market infrastructure providers, operating regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With close to 2,000 listed equity issuers and around EUR 6.9 trillion in market capitalisation, it has an unmatched blue chip franchise and a strong diverse domestic and international client base.
Listed at the SIX Swiss Exchange since April 2021, SEBA Bank’s ETPs are designed to provide investors with the most secure and cost-effective means to access digital assets without the associated custody and security challenges. SEBAX® is a unique combination of professional index methodology and bottom-up research and recently won the prestigious “ETP of the year” award for 2021 in Switzerland. SEBA Bank’s in-house research applies the highest standards and complies with the Swiss Bankers Association research guidelines. All digital assets are selected according to a rigorous process which combines quantitative metrics and in-depth qualitative analysis.
Gregory Mall, Senior Portfolio Manager at SEBA Bank, said: “Collateralized ETPs are a key development for investing in crypto assets. As an emerging asset class which constantly matures, we see more demand for reliable, easily-accessible and liquid investment vehicles. We believe our products stand out based on the institutional-grade quality, the most competitive pricing in the market and – in the case of the SEBAX® ETP – our innovative index engineering. Listing our products at Euronext will significantly increase our distribution capabilities and marks another step in our mission to provide a secure and cost-effective alternative to dealing with private keys and cryptocurrency exchanges. SEBA Bank set out to build a bridge from traditional banking to the digital world. Our product philosophy and exceptional live performance track record of the SEBAX® Index reflects this ambition.”
SEBA Bank’s listed products offer a regulated gateway for institutions to efficiently and securely invest in crypto assets. These products offer investors a number of unique benefits including: to maximize investment performance via the most competitive management fees in the market; institutional-grade custody with a fully licensed Swiss Bank; benefit from the proven track record of the award winning SEBAX® Crypto Asset Select Index ETP; 100% collateralized products fully backed by physical coins; and, a special purpose vehicle mitigating counterparty risk.
About SEBA Bank AG – Redefining Finance for the New Economy
Founded in April 2018 and headquartered in Zug, SEBA Bank is a pioneer in the financial industry and is the only global smart bank providing a fully universal suite of regulated banking services in the emerging digital economy. In August 2019, SEBA Bank received a Swiss banking and securities dealer licence, and in September 2021 the CISA licence – the first time a reputed, regulatory authority such as FINMA has granted such licences to a financial services provider with a core capability in digital assets. In February 2022 SEBA Bank secured the Financial Services Permission from Abu Dhabi Global Market and opened an office in Abu Dhabi.
The broad, vertically integrated spectrum of services combined with the highest security standards, make SEBA Bank’s value proposition unique – this is why Banque de France selected SEBA Bank to test the integration of Central Bank Digital Currency (CBDC). CVVC Global Report and CB Insights name SEBA Bank two years in a row as Top 50 Companies within the blockchain ecosystem. Aite Group awarded SEBA Bank with their 2021 Digital Wealth Management Impact Innovation Award in the category “Digital Startup of the Year”, in 2022 SEBA Bank won the WealthBriefing Swiss EAM Award for Excellence in Digital Assets Offering or Service, and LinkedIn list SEBA Bank as one of the Top Startups 2021 in Switzerland.
For more information about SEBA Bank, please visit our website.