• Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
What's Hot

How to Turn on Apple’s Advanced Data Protection — And Why It Matters

October 10, 2025

Samsung Galaxy S25 FE review: A Fan Edition that finally makes sense

October 10, 2025

How to Spot a Scam Email

October 10, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
Behind The ScreenBehind The Screen
Home»Fintech»Wave Financial buys stake in Swiss crypto firm
Fintech

Wave Financial buys stake in Swiss crypto firm

September 3, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Delio unveils South Korea's first 'crypto bank'
Share
Facebook Twitter LinkedIn Pinterest Email

US-based digital asset supervisor Wave Monetary has made its first European acquisition following the acquisition of a minority stake in Swiss crypto belongings agency Criptonite Asset Administration.

In line with Wave Monetary, securing a minority stake is step one in direction of a full acquisition of the corporate, which it hopes to finish by the top of 2022, pending regulatory approval. 

The 2 companies have had a casual partnership as of 2021 with Criptonite distributing Wave Monetary’s bitcoin and NFT funds in Europe.

The acquisition will allow Wave Monetary to learn from what it claims is the elevated curiosity in digital belongings from Europe’s institutional buyers, particularly for regulated companies resembling Wave and Criptonite which have been licensed by the SEC within the US and Finma in Switzerland respectively.

It’s also more likely to be the primary of a number of acquisitions, in accordance with Wave Monetary CEO David Siemer. 

“This bear market is a chance for us to proceed to develop and broaden, each organically and by buying crypto asset managers,” mentioned Siemer.

“Wave is in discussions with a number of asset managers, exchanges and lenders, as we glance to broaden our footprint in Europe and past.”

Institutional buyers have been cautious of investing in cryptocurrencies however have been extra open to digital belongings and tokenised funds, significantly the place regulated asset managers are concerned. 

Neither is Wave Monetary alone in buying stakes in European digital asset managers. In July, international funding agency Schroders purchased a minority share in Forteus, an asset supervisor targeted on blockchain and tokenised belongings. 

See also  Swift could face challenge in new era for cross-border payments

Source link

buys Crypto financial firm Stake Swiss wave
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Should Apple Axe Tim Cook? Research Firm Makes Bold Call

July 15, 2025

Laifen Wave electric toothbrush review

March 5, 2024

Stolen iPhone Results in Financial and Data Loss for Exec

February 21, 2024

16GB RAM, Up to 1TB Storage — and Apple Will Have a Firm Hold on Review Units

January 10, 2024
Add A Comment

Comments are closed.

Editors Picks

Packworks makes operations easier for sari-sari stores in the Philippines – Fintech

July 27, 2022

Beko Air Purifier ATP5100I review: Fresh air on a budget

March 16, 2023

Apple’s first mixed reality headset will be expensive, but the company has high hopes for it

August 8, 2022

Netflix Gaming Is Expanding to the Big Screen

August 8, 2023

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

How to Turn on Apple’s Advanced Data Protection — And Why It Matters

Samsung Galaxy S25 FE review: A Fan Edition that finally makes sense

How to Spot a Scam Email

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2025 behindthescreen.fr - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.