Swiss cryptocurrency bank Seba rebrands as Amina Bank to prevent confusion

One sentence summary – Swiss cryptocurrency bank Seba has rebranded itself as Amina Bank to avoid confusion with SEB Bank in Sweden, aiming to provide traditional, digital, and crypto banking services while positioning itself as a reliable and secure provider in the digital asset space, with plans for global expansion and partnerships in key markets.

At a glance

  • Swiss cryptocurrency bank Seba has rebranded itself as Amina Bank to avoid confusion with SEB Bank in Sweden.
  • Amina Bank aims to bring together traditional, digital, and crypto banking services for its customers.
  • Seba has received approval from the Abu Dhabi Global Market (ADGM) to expand its services in the MENA region.
  • Seba has partnered with Swiss St. Galler Kantonalbank (SGKB) to integrate digital asset custody and brokerage services.
  • Amina Bank has established hubs in Abu Dhabi, Hong Kong, Singapore, and Mumbai, and aims for global growth.

The details

Swiss cryptocurrency bank Seba has recently rebranded itself as Amina Bank.

The rebranding aims to prevent confusion with SEB Bank in Sweden.

The new name, Amina, was derived from the term “transamination” in biochemistry.

Amina Bank seeks to bring together traditional, digital, and crypto banking services for its customers.

Seba was founded in 2018.

Initially, the bank focused on providing regulated custodian and management services for digital assets.

The bank has received approval from the Abu Dhabi Global Market (ADGM) to extend its services in the MENA region.

Seba has also partnered with Swiss St. Galler Kantonalbank (SGKB).

The partnership aims to integrate digital asset custody and brokerage services.

Seba has acquired a license from the Hong Kong Securities and Futures Commission (SFC).

The license will facilitate its expansion in Asia.

Amina Bank aims to accelerate growth not only in Switzerland, Hong Kong, and Abu Dhabi but also globally.

The bank’s headquarters are located in Zug, Switzerland.

Amina Bank has established hubs in Abu Dhabi, Hong Kong, Singapore, and Mumbai.

The name “Amina,” of Arabic origin, conveys values such as safety, honesty, and faithfulness.

By rebranding as Amina Bank, the institution intends to position itself as a reliable and secure provider of banking services in the digital asset space.

Amina Bank combines traditional, digital, and crypto banking.

The bank is poised to cater to the evolving needs of its customers.

The bank’s expansion into key global markets, along with its partnerships and regulatory approvals, sets the stage for further growth and development.

This growth and development is expected in the cryptocurrency banking sector.

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A bank logo with the Swiss flag colors transforming into a new logo with the name “Amina Bank.”

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blockzeit.com
– Swiss cryptocurrency bank Seba has rebranded itself as Amina Bank.
The name change is to prevent confusion with SEB Bank in Sweden.
The new name, Amina, was derived from the term “transamination” in biochemistry.
– Amina Bank aims to bring together traditional, digital, and crypto banking in its services.
The name “Amina” is of Arabic origin and conveys safety, honesty, and faithfulness.
– Seba was founded in 2018 to provide regulated custodian and management services for digital assets.
The bank received approval from the Abu Dhabi Global Market (ADGM) to extend its services in the MENA region.
– Seba partnered with Swiss St. Galler Kantonalbank (SGKB) to integrate digital asset custody and brokerage.
– Seba acquired a license from the Hong Kong Securities and Futures Commission (SFC) for expansion in Asia.
– Amina Bank aims to accelerate growth in Switzerland, Hong Kong, Abu Dhabi, and continue global expansion.
– Amina Bank is headquartered in Zug, Switzerland, with hubs in Abu Dhabi, Hong Kong, Singapore, and Mumbai.

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