Summary: In a Series B financing round Crypto Finance AG, a Switzerland-based crypto asset management, trading and custody firm, was able to raise CHF 14 million ($14,485,632). According to a report from The Block, Crypto Finance AG will use the newly raised funds to expand its products and services into Asia. The Series B financing round ...

In a Series B financing round Crypto Finance AG, a Switzerland-based crypto asset management, trading and custody firm, was able to raise CHF 14 million ($14,485,632).

According to a report from The Block, Crypto Finance AG will use the newly raised funds to expand its products and services into Asia.

The Series B financing round was led by Swiss investor Rainer-Marc Frey and Asia-based Lingfeng Capital, with contributions also coming from QBN Capital and other existing and new investors.

By Roland James