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30 September

Matrixport, a Singapore-based financial services platform, has recently announced it has acquired Swiss-licensed crypto asset manager Crypto Finance (Asset Management) AG in an all-cash transaction.

The entity was previously a subsidiary of Deutsche Boerse Group.

Now rebranded as Matrixport Asset Management AG (MAM), the Switzerland-based company offers advanced investment solutions for digital assets, including the first crypto fund approved by FINMA, the Swiss Financial Markets Supervisory Authority.

Matrixport currently manages assets worth $6 billion.

This regulatory-compliant acquisition marks Matrixport's expansion into Europe and shows its commitment to working with regulators to improve the regulation of virtual assets in the future.

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