Swiss crypto trading platform Smart Valor is exploring the possibility of selling all or part of its business
According to reports from CoinDesk, Swiss cryptocurrency trading platform and AI-led investment firm Smart Valor is exploring the possibility of selling all or part of its business. CEO and co-founder Olga Feldmeier said in an interview that the company is conducting a strategic review after receiving a large number of inquiries from large global exchanges, cryptocurrency platforms, and traditional financial (TradFi) institutions including banks and trading platforms.
The EU's Markets in Crypto Assets (MiCA) rules came into effect on December 30 last year, and Smart Valor may become a target for companies that have not obtained European regulatory approval. Although Switzerland and Liechtenstein (Smart Valor's retail cryptocurrency exchange regulatory jurisdiction) are not EU member states, they are part of the European Economic Area (EEA) and can adopt MiCA. Liechtenstein's law will come into effect on February 1. Feldmeier said the company has commissioned investment bank Imperii Partners to explore potential opportunities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Metaplanet’s Daring Move: Japan Firm Invests $25M More in Bitcoin, Acquires Additional 555 BTC
Metaplanet Strengthens Institutional Demand with Bitcoin Strategy - Leads to Stock Gains and Expands Global Crypto Investment

New Hampshire Takes Lead in Bitcoin Reserve Legislation: Are Other States Next?
New Hampshire Takes Lead in Crypto Legislation: Sets Precedent with Bitcoin Reserve Law Post Arizona's Rejection

New spot margin trading pair — SXT/USDT!
Bitcoin Magazine CEO to Launch $300M Investment Firm
Trending news
MoreCrypto prices
More








