Fuze Finance Enters Western Europe, Expands to Switzerland Amid Growing Demand for Crypto-Assets
Fuze Finance, a regulated crypto-assets infrastructure provider, has expanded to Switzerland. This marks Fuze's entry into Western Europe, complementing existing regulatory licenses in the Middle East, Turkey, and Canada.
The Supervisory Organisation for Financial Intermediaries and Trustees (SO-FIT) has approved Fuze as an affiliated financial intermediary, subject to supervision according to the Anti-Money Laundering Act.
Around 4 out of 5 Swiss banks are yet to establish a regulated crypto-assets offering, according to the IMF referencing FINMA.
Fuze will provide institutional clients with crypto-asset infrastructure and stablecoin settlement alongside SWIFT, SEPA, and SIC rails. This brings digital and conventional infrastructure within one regulated offering.