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SEBA Bank AG raises $119m in Series C funding

Switzerland based online bank focused on digital assets raised $119m in Series C funding led by a consortium of investors including Altive, Ordway Selections, Summer Capital and DeFi Technologies. 

“As we see more jurisdictions move closer to enacting their own digital asset regulation, this certainty will lead to greater demand among institutional players for access to institutional-grade digital asset products and services,” said Guido Buehler, chief executive officer of SEBA Bank, in emailed comments. 

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banking, crypto