Swiss cryptocurrency bank AMINA Bank AG, formerly known as SEBA Bank AG, has announced impressive financial results for 2024, with revenue increasing by 69% compared to the previous year, reaching 40.4 million USD.
The bank’s (AUM) assets under management also increased by 136% to $4.2 billion, thanks to demand from institutions and strategic expansion. AMINA added $801 million in net new assets for the year, with revenue from derivatives up 40%. The bank invests in a proprietary digital platform to serve B2C, B2B, and B2B2C customers. The bank’s liquidity ratio increased to 228%, double the regulatory requirement. International sales also increased sharply, with Abu Dhabi and Hong Kong recording growth of 150% and 570% respectively. AMINA changed its brand from SEBA in December 2023.
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