Swiss Cryptocurrency Bank SEBA Secures $ 22.5 Million Series B Funding

On December 23, Swiss cryptocurrency bank SEBA announced that it had acquired 20 million Swiss francs (approximately $ 22.5 million) in Series B funding. SEBA has not announced who will receive these grants. However, SEBA Executive Director Sandra Frank Dudler said all new investors and investors from Switzerland, Europe and Asia were involved in the funding. Swiss banking regulator FINMA recently announced that it was affected by SEBA's strong support from Asian investors. According to the board of directors, Swiss investors expect to receive more than half of the increase from SEBA in new investments.