Crypto Finance, which was established in Switzerland and regulated here with the acquisition of the German Deutsche Börse, was acquired by Matrixport. Matrixport also made the official statement on the subject.

The name has been changed

Crypto Finance, which provides cryptocurrency services and solutions to companies in Europe, has been renamed Matrixport Asset Management. Crypto Finance’s manager responsible for investment management became the CEO of the company.

They agreed with Commerzbank

Commerzbank, one of Germany’s oldest and largest banks, also recently announced cooperation with Crypto Finance. Crypto Finance was responsible for Commerzbank’s crypto activities. Commerzbank has more than $600 million in assets under management.

Jihan Wu, the owner of Matrixport, stands out as one of the most powerful names in the cryptocurrency world. Wu, one of the founders of Bitmain, the largest Bitcoin mining device manufacturer, left Bitmain after a major crisis in 2020. Wu is also the owner of the Bitdeer mining company listed on Nasdaq.