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AMINA Bank achieved a revenue of 40 million dollars in 2024 as the AUM of cryptocurrencies doubled.
Swiss cryptocurrency bank AMINA Bank AG, formerly known as SEBA Bank AG, has announced impressive financial results for 2024, with revenue increasing by 69% compared to the previous year, reaching 40.4 million USD.
The bank's (AUM) assets under management also increased by 136% to $4.2 billion, thanks to demand from institutions and strategic expansion. AMINA added $801 million in net new assets for the year, with revenue from derivatives up 40%. The bank invests in a proprietary digital platform to serve B2C, B2B, and B2B2C customers. The bank's liquidity ratio increased to 228%, double the regulatory requirement. International sales also increased sharply, with Abu Dhabi and Hong Kong recording growth of 150% and 570% respectively. AMINA changed its brand from SEBA in December 2023.