Matrixport Completes Acquisition of CFAM: Expanding Reach in European Crypto Asset Management

• The Acquisition Integrates CFAM into Matrixport as MAM, Enhancing Crypto Asset Management Products Accessible to European Clients.
• John Ge, CEO, Confirms Acquisition Aligns with Strategic Goals to Expand Matrixport’s Footprint and Offerings in Europe.

Matrixport has recently completed its acquisition of Crypto Finance (Asset Management) AG (CFAM), a Swiss-based digital asset manager formerly under the Crypto Finance Group, which was part of Deutsche Börse Group.

This positions Matrixport alongside top-tier financial institutions in offering tailored crypto investment solutions.

Operating under the new name Matrixport Asset Management AG (MAM), this division is pivotal in Matrixport’s European strategy, focusing on delivering institutional-grade investment solutions.

MAM has made headlines for managing Switzerland’s first FINMA-approved crypto fund, highlighting its capability in offering a full spectrum of crypto investment services and sophisticated structuring solutions.

John Ge, co-founder and CEO of Matrixport, expressed satisfaction with the acquisition, noting it enhances the firm’s ability to offer compliant crypto asset management products. He stressed the alignment of this new venture with Matrixport’s goals to expand its services across Europe effectively.

The leadership baton at MAM will be held by the former head of asset management at CFAM, now appointed as CEO, indicating a seamless integration and continuity in management ethos and business strategy.

Stefan Schwitter, taking the helm as CEO at Matrixport Asset Management, pointed out the synergistic potential of this merger. He remarked on the strength this union brings to Matrixport’s service offerings and its positive implications for both current and prospective clients globally.

Further emphasizing this acquisition, Christopher Liu, Matrixport’s Chief Compliance Officer, highlighted the acquisition’s role in broadening the regulatory scope within Switzerland. This demonstrates Matrixport’s proactive stance in collaborating with regulatory bodies to ensure adherence and forward compatibility with evolving digital asset regulations.

The acquisition has cleared all regulatory hurdles, including approval from FINMA, underscoring its compliance with stringent financial regulations.

Established in 2019, Matrixport has rapidly grown to become a beacon in the crypto financial services sector, with operations across various global jurisdictions including Hong Kong, the UK, the US, and now, strengthened presence in Switzerland.