Fuze Finance Expands to Switzerland with Crypto Assets Infrastructure
Fuze Finance has expanded to Switzerland, marking its first entry into Western Europe. The company, which already holds regulatory licenses in the Middle East, Turkey, and Canada, aims to provide institutional clients with crypto assets infrastructure and stablecoin settlement alongside traditional SWIFT, SEPA, and SIC rails.
The Swiss entity of Fuze Finance has been approved by SO-FIT as a supervised financial intermediary. Under its supervision, Fuze will offer a range of services, including institutional crypto brokerage, over-the-counter execution, and an API platform for regulated institutions to embed crypto asset brokerage in their own products.
Fuze's expansion to Switzerland comes at a time when the country is experiencing significant growth in digital assets. The Swiss Bankers Association estimates that banks in Switzerland oversee CHF 9.3 trillion (around US$11.5 trillion) in assets under management, making it the world's premier cross-border wealth management centre.
Fuze CEO Mo Ali Yusuf said, 'Switzerland is a global leader in crypto assets regulation and we're looking forward to bringing our depth of experience to one of the world's most important financial hubs.'