Matrixport has completed its acquisition of Crypto Finance (Asset Management) AG (CFAM), now rebranded as Matrixport Asset Management AG (MAM).

This deal has received regulatory approvals from relevant authorities, including the Swiss Financial Market Supervisory Authority (FINMA), ensuring compliance with Swiss financial regulations.

Previously part of the Deutsche Börse Group, CFAM was the first Swiss firm licensed by FINMA to manage a dedicated crypto fund.

Post-acquisition, the former head of CFAM has been appointed CEO of the newly branded MAM.

Founded in 2019, Matrixport manages about US$6 billion in assets, operating under licenses across Hong Kong, the UK, the US, and Switzerland.