• SEBA Bank AG, the Swiss crypto bank, today announced a name rebranding.

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The Zug-based crypto firm’s new name is AMINA Bank AG. According to the bank, the name ‘AMINA’ stems from the term “transamination.”

Headquartered in Zug, Switzerland, The crypto firm has been authorized by FINMA to provide banking servces since 2019.

AMINA said the rebrand marks a new chapter for the firm, adding that the name itself stems from the term “transamination” — the transference of one compound to another.

"Our brand signifies a new era in the company’s growth and strategy; we are a key player in crypto banking and are here to define the future of finance. With our client-focused approach, our years of traversing traditional and crypto finance, we offer a platform for investors to build wealth safely and under the highest regulatory standards,” said Franz Bergmueller, CEO of AMINA, in a statement.

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AMINA said clients would not be affected by the change, with operations uninterrupted. Its Abu Dhabi branch and subsidiaries in Hong Kong and Singapore will subsequently apply for a name change to fall into line with the Zug headquarters.

AMINA said clients would not be affected by the name change, with operations uninterrupted. Its Abu Dhabi branch and subsidiaries in Hong Kong and Singapore will subsequently apply for a name change to fall into line with the Zug headquarters.

AMINA is just weeks removed from acquiring a license to offer services in Hong Kong as part of the new crypto authorization framework in the region.