Bitcoin Suisse stands strong amidst market turbulences and announces new long-term investor
Jun 14, 2022
Zug, June 14, 2022 – Amidst extreme market conditions, all services at Bitcoin Suisse continue to operate normally. On Sunday night, crypto lender Celsius paused withdrawals, swaps, and transfers fueling a broad cryptocurrency selloff. This news comes in tandem with overall volatility on broader financial markets and Bitcoin falling below USD 25k, its lowest level since December 2020.
Thanks to the strong business model of Bitcoin Suisse built on proprietary infrastructure and best execution trading across all relevant global crypto exchanges, Bitcoin Suisse operates as usual and does not put clients’ assets at risk to generate revenues for its own account. The revenues of the company originate from commissions earned through brokerage, custody, staking, payments, and the provision of auxiliary services to its clients.
Dr. Dirk Klee, CEO of Bitcoin Suisse, said: “In challenging market situations like these, it is our top priority that our clients’ assets are safe and that clients can access our full service offering without interruptions. We are not bound to one exchange – we are operating across several of the most relevant exchanges globally. This set up is part of our USP and proved to be extremely resilient especially during phases with intensified market volatility, since 2013.”
Investment by A&T Capital in May
Bitcoin Suisse today announced that in May 2022, A&T Capital, a crypto venture firm associated with a major worldwide operating Fintech Group has doubled down on its earlier investment into Bitcoin Suisse to reflect their continued confidence. A&T Capital is an early to growth stage venture fund for emerging disruptive technologies with a proven investment track record in crypto since 2014. This significant follow-up-investment adds to the professional investor base of Bitcoin Suisse and broadens its network both in traditional finance and crypto finance.
Jasmine Zhang, General Partner of A&T Capital, said: “We believe and invest in resilient business models of strong market leaders that thrive in their respective market. Bitcoin Suisse is one of the most-proven innovators in the crypto space and dedicated to adding value for its clients. The company shares our ambitions in supporting long-term and sustainable businesses and is closely engaged in the crypto ecosystem since its founding in 2013. Our investment into Bitcoin Suisse over the last months is a great addition to our portfolio.”
Bitcoin Suisse continues to be the trusted Swiss crypto investment partner of choice with an innovative service offering that is founded on quality, stability, and security. The company is constantly investing in robust software and technology infrastructure to provide the highest security and safety standards possible. The bank guarantee provided by a Swiss Bank and the institutional-grade, ISAE 3402 Type 2 audited custody solution are some of the reasons clients put their trust in the broad crypto offering of Bitcoin Suisse.