Swiss crypto bank Amina Bank, previously known as Seba Bank, announced impressive financial performance in 2024. The bank's revenue surged by 69% year-over-year to reach $40.4 million, while its assets under management (AUM) soared by 136% to $4.2 billion. This growth was fueled by institutional demand and strategic expansion. Amina attributed its success to its global presence, round-the-clock trading capabilities, and a lending portfolio that has maintained a flawless record for five years. CEO Franz Bergmueller expressed pride in the team's efforts, leading to profitability in Q4 2024. The bank also witnessed a significant increase in net new assets and revenue from derivatives. Amina invested in a digital platform to cater to various client segments and plans to launch it soon. The bank's liquidity coverage ratio and capital ratio exceeded regulatory requirements, showcasing its strong financial position amidst expansion efforts. Read more AI-generated news on: https://app.chaingpt.org/news