Sage Capital Management has opened an office in Zug, Switzerland, writing that the timing coincides with being granted an SRO/VQF license, recognised by the Swiss Financial Market Supervisory Authority (FINMA).
Under the new license, Sage Capital Management writes that it is recognised as a financial intermediary in Switzerland under AML regulations and can offer spot digital asset trading and lending to institutional clients, including hedge funds, asset managers, trading firms, corporate treasuries and digital asset treasuries.
Having a presence in Switzerland builds on Sage Capital Management’s recently expanded offering which now includes a private banking service for institutional clients, the firm writes.
“Designed specifically for crypto professionals, this service enables seamless management between fiat and digital asset markets within a single operating environment. With a fully integrated financial network, powered by its new technology platform, Sage Capital Management gives clients the ability to operate end-to-end – across banking, liquidity, capital and technology – without friction.”
Nathan Sage, CEO, Sage Capital Management says: “Our new Swiss entity and license mark another key milestone in growing our global presence and regulatory status, and a powerful validation for institutional clients considering doing business with Sage Capital Management. Switzerland is a highly respected jurisdiction for digital assets and our new regulatory status adds further credibility to our offering. It highlights our commitment to the highest standards in terms of governance, transparency and safety of client funds, and reinforces our focus on providing a market-leading, trusted offering, with all the infrastructure that institutional clients need to seamlessly move, trade, and manage digital assets globally.”
