Amina Bank hits $40M revenue in 2024 as crypto AUM doubles

Amina Bank, the Swiss crypto bank formerly known as Seba, added $801 million in assets and saw a 40% surge in derivatives revenue amid its international push.

Swiss crypto bank Amina Bank, formerly Seba Bank, reported record financial results for 2024, with revenue climbing 69% year-over-year to $40.4 million.

The bank also saw its assets under management (AUM) rise by 136% to $4.2 billion, driven by institutional demand and strategic expansion, according to a May 28 news release.

The Zurich-based bank credited the growth to its multi-jurisdictional footprint, 24/7 trading capabilities and a lending book that has maintained zero defaults over five years.

Read more