Fuze Finance Expands to Switzerland for Crypto-Assets and Stablecoins
Fuze Finance has announced its expansion to Switzerland, marking its entry into Western Europe. The company has been approved by SO-FIT as a supervised financial intermediary, allowing it to offer institutional clients with crypto-assets infrastructure and stablecoin settlement alongside SWIFT, SEPA, and SIC rails.
This move complements Fuze's existing regulatory licenses in the Middle East, Turkey, and Canada. According to Mo Ali Yusuf, CEO of Fuze Finance, 'Switzerland is a leader in crypto-assets regulation and we're looking forward to bringing our experience to one of the world's most important financial hubs.'
Fuze will provide institutional clients with crypto-asset infrastructure and stablecoin settlement, including embedded crypto-asset brokerage. This model has been highlighted in a joint-paper with blockchain security and risk solutions firm, Halborn.