Swiss crypto bank AMINA taps Cantor to explore public listing

Founded in 2018 as SEBA Bank and rebranded as AMINA in 2023, the lender is overseen by the Swiss Financial Market Supervisory Authority, FINMA. It is one of a small number of regulated banks focused on digital assets. The company offers crypto trading, custody, staking and lending services to institutional and professional investors, and has expanded into Abu Dhabi, Hong Kong and India.

The crypto industry has embraced public markets over the past year, with listings from companies including Circle Internet (CRCL), CoinDesk’s owner Bullish (BLSH), Gemini Space Station (GEMI), BitGo (BTGO) and Figure (FIGR) marking the sector’s strongest IPO wave since 2021.

While the deals initially drew strong investor demand, post-listing performance has been uneven as weaker crypto prices, slowing trading activity and a broader risk-off environment weighed on valuations.

This has prompted some private companies to delay or reconsider their own public market plans. Several major crypto firms, including Kraken parent Payward, Ethereum app builder Consensys, wallet provider Ledger and asset manager Grayscale, have delayed IPO plans while waiting for markets to improve.

As of year-end 2025, AMINA reported 74.6 million francs ($91 million) in Tier 1 capital. It has raised roughly $245 million from investors including Julius Baer, DeFi Technologies and BlackRiver Asset Management.