Swiss crypto bank AMINA Bank AG, formerly SEBA Bank AG, reported record financial results for 2024, with revenue climbing 69% year-over-year to $40.4 million.
The bank also saw its assets under management (AUM) rise by 136% to $4.2 billion, driven by institutional demand and strategic expansion, according to a May 28 news release.
The Zurich-based bank credited the growth to its multi-jurisdictional footprint, 24/7 trading capabilities and a lending book that has maintained zero defaults over five years.
“I’m incredibly proud of our team’s tenacity and focus, which led to quarterly profitability in Q4 2024, a pivotal milestone that confirms the value of our approach,” CEO Franz Bergmueller said.
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AMINA adds $801M in assets in 2024
During the year, AMINA added $801 million in net new assets. Revenue from derivatives increased by 40%, reflecting increased interest from clients