Swiss Bitcoin broker - Bitcoin Suisse - plans IPO & expansion

posted 3 months ago
Bitcoin Suisse, a crypto-broker and pioneer of “crypto valley” in Switzerland, plans expansion by going public (IPO.) This may give Bitcoin Suisse the lion’s share of the Swiss crypto market.

Before going public it must obtain a Swiss banking license (they expect to receive it later this year.) Also, they must increase the company’s capital, the company seeks to raise ~$40 million USD from its investors. Swiss regulators demand a company to have a large amount of capital as a backup for its business.
Tags: bitcoin, news