**Matrixport Acquires Crypto Finance AG, Expands European Presence**

Matrixport, a leading crypto financial services hub based in Singapore, has finalized the acquisition of Crypto Finance (Asset Management) AG (CFAM), previously a subsidiary of Deutsche Börse. This strategic move marks a significant step in Matrixport’s expansion throughout Europe, enhancing its regulatory position and market leadership.

CFAM has been renamed Matrixport Asset Management AG (MAM), which now offers institutional-grade crypto investment products and manages Switzerland’s first-ever FINMA-approved crypto fund. This acquisition significantly bolsters Matrixport’s product offerings.

The acquisition underscores Matrixport’s ambition to grow its presence in Europe, aligning with its strategy of expanding services while maintaining regulatory compliance. The move comes amid rising demand for institutional-grade crypto solutions in well-regulated markets like Switzerland.

Matrixport structured the acquisition to comply with Switzerland’s financial regulatory framework, securing approval from FINMA. Christopher Liu, Matrixport’s Chief Compliance Officer, emphasized the company’s commitment to working with regulators to refine crypto-specific regulations across Europe.

Stefan Schwitter, former head of Crypto Finance AG and now CEO of Matrixport Asset Management, leads the firm in leveraging both entities’ expertise. This strategic alignment is expected to propel Matrixport’s growth globally.

With $6 billion in assets under management, Matrixport has established itself as a major player in the global crypto finance industry. The acquisition of CFAM enhances Matrixport’s offering, enabling clients to access innovative and compliant crypto asset management products. John Ge, Co-Founder and CEO of Matrixport, highlighted the acquisition as a pivotal chapter in Matrixport’s European expansion and commitment to secure, regulated crypto investment solutions for institutional investors.