Swiss Crypto Bank AMINA Posts 69% Revenue Jump, AUM Climbs to $4.2B
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Highlights:
- AMINA BANK reported a 69% upswing in its generated revenue for 2024.
- Assets under management reached $4.2 billion, reflecting a 136% upswing.
- The crypto bank branches, including Abu Dhabi and Hong Kong, contributed significantly to the revenue spike.
On May 28, leading Switzerland’s crypto bank AMINA Bank (previously SEBA) published its 2024 financial report, showing remarkable improvements from the previous years. The report showed that the bank’s revenue and Assets under management (AUM) valuation in 2024 were $40.4 million and $4.2 billion, respectively. These values represent increments of about 69% and 136%, respectively.
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AMINA Bank attributed this success to the institution’s business strategy, which entails prioritizing customers’ crypto banking needs. Franz Bergmueller, AMINA Bank’s Chief Executive Officer (CEO), stated, “Our global, client-first strategy has delivered exceptional results in 2024 and proves how the market responds when you put your clients first.”
The CEO also expressed satisfaction with the bank’s team perseverance, which resulted in quarterly profitability in last year’s fourth quarter (Q4). Going further, Bergmueller reiterated the banking institution’s commitment to continuously supporting customers with the best crypto banking services amid the rapidly evolving crypto industry.
🚨 BREAKING: AMINA Bank becomes Switzerland’s fastest-growing crypto bank with a massive 69% revenue surge and an AUM of $4.2B in 2024 📈
The transformation is real — here’s how we did it 👇 pic.twitter.com/YIxu3SBoYM
— AMINA Bank (@AMINABankGlobal) May 28, 2025
Other Remarkable Achievements in 2024
Beyond the markedly spiked revenue and AUM, AMINA Bank reported that its self-founded approach and unique services birthed other significant milestones. Notably, revenues generated via derivatives also increased by 40%. The banking institutions attributed some of these spiked metrics to soaring customers’ demands for risk management solutions. Mike Foy, AMINA Bank’s Chief Financial Officer (CFO), disclosed some of the banking institution’s financial achievements in 2024.
He stated:
“AMINA’s Liquidity Coverage Ratio is 228%, up from 219% in 2023. Also, our CET1 capital ratio, which compares a bank’s capital against its risk-weighted assets, is more than double the regulatory requirement at 34%.
The Swiss banking firm also generated impressive revenues from its international expansion. For context, its Abu Dhabi subsidiary saw a 150% year-over-year increment in generated revenue. Similarly, its Hong Kong branch saw a 570% surge in its year-over-year revenue.
🚀 Amina Bank’s 2024 CRYPTO BOOM: $40M Revenue, AUM Doubles to $4.2B 🚀
Swiss crypto bank @Amina_Bank (formerly SEBA) just dropped 🔥 record-breaking 2024 results! Here’s why it’s a MUST-WATCH in crypto banking:
🔹 Revenue Surge: $40.4M (+69% YoY)
🔹 Assets Under Management:…— Bitcoin Weirdo (@Bitcoin_Weirdo) May 28, 2025
Technological Advancements Recorded in 2024
Aside from financial growth, AMINA Bank sealed some strategic technology deals under the leadership of the company’s new Chief Technology Officer (CTO). The new leadership wants to develop an all-encompassing crypto-banking platform set for launch later this year.
The proposed enhanced technology will support different business models, including B2C, B2B, and B2B2C. AMINA Bank noted that the proposed model, coupled with the growing demand for AMINA’s institutional-grade risk management options, has increased the number of B2B2C firms seeking to partner with AMINA Bank.
Per the press release, the Swiss crypto bank plans to collaborate with 30 B2B2C firms before the end of this year. Meanwhile, AMINA Bank has partnered with leading Web3 and traditional finance firms to drive the banking firm’s product capability and market reach.
Other Global Banks Seem to Integrate Crypto and Blockchain on Their Platforms
On May 27, Crypto2Community reported that South Korea’s Central Bank (BOK) wants to integrate its deposit tokens with blockchain networks. Speaking on the proposed initiative, Deputy Governor Lee Jong-ryeol said the BOK aims to allow tokens’ integration with private stablecoins, enabling the country to develop an all-encompassing digital currency system under national control.
In related news, the United States Office of the Comptroller of the Currency (OCC) has allowed US banks to offer crypto custody and trade execution services without restrictions as part of its efforts to facilitate crypto adoption and encourage banking firms’ participation in crypto. The OCC also allowed banks to source these services to third-party firms under strict risk management principles.
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