SEBA Bank, a regulated entity based in Switzerland, has been recognized as offering the ETP of the Year at the Swiss ETF Awards 2023. The bank’s SEBA Crypto Asset Select Index ETP (SEBAX) was acknowledged for the award.
Founded in April 2018, SEBA Bank offers a suite of fully regulated banking services. In August 2019, SEBA Bank received a Swiss banking and securities dealer license, and in September 2021, it received a CISA license – from FINMA – the first entity to be granted such licenses to a financial services provider providing digital asset services. In February 2022, SEBA Bank secured Financial Services Permission from Abu Dhabi Global Market and opened an office in Abu Dhabi.
Gregory Mall, Head of Investment Solutions at SEBA Bank, commented on the award:
“In such a highly competitive industry, it is truly outstanding to be recognised for delivering a first-class investment product two years running. Switzerland is world renowned as a financial pioneer and home to an ever-multiplying market of index-based and passive investment opportunities, with over 120 Swiss ETFs newly listed in 2022 alone. This award is testament to the dedication of the SEBA Bank team and motivates us to continue pushing the boundaries of innovation and best in class customer service in Swiss and global finance.”
SEBA Bank notes that has previously been recognized as the most innovative blockchain startup by CB Insights in its 2022 Blockchain 50 Award List, as well as winning “Digital Assets Offering or Service” at the WealthBriefing Swiss EAM Awards 2022 and best “Digital Asset Offering” at the 2022 Digital Wealth Management Impact Awards by Aite-Novarica.