Seba Bank Launches a New Crypto Index.
Seba launches its investment solutions, introducing a new index for cryptocurrencies.
Licensed and supervised Swiss bank Seba, which combines cryptocurrencies with traditional banking, introduces a new crypto index called a Seba Crypto Asset Select Index (SEBAX).
SEBAX is a dynamic, risk-optimized index specifically designed for the investments in the crypto market. The methodology the index is based on, eliminates flaws of traditional market value-weighted indices & provides the possibility for optimized diversification.
Seba has released the index in a cooperation with the renowned European index administrator MV Index Solutions.
Within the previous 10 years, index investing has established itself in financial markets. It serves as an effective tool for crypto assets as well to reach a broad and representative exposure through transparent diversification rules.
Head of Asset Management of SEBA Bank AG Daniel Kuehne mentioned that the new solutions are intended to provide investors security and increase their confidence in the newly developed cryptocurrency market. As he mentioned:
“With our investment solutions we want to offer investors the highest possible security and strengthen their confidence in the new, complex market environment of crypto currencies.” He also added: “With our product and investment expertise, we enable our clients to tap the new potential of digital asset classes with familiar rules from the existing financial world.”
Seba has started operations at the beginning of the current month, providing institutional and professional private clients a complete list of services in the crypto industry and traditional banking as well.
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