Swiss crypto company Crypto Finance AG completes $ 14.5 million in Series B financing

According to CoinDesk, the Swiss holding company Crypto Finance AG has completed a $ 14.5 million Series B round of financing. This round of investment was jointly led by Swiss investor Rainer-Marc Frey and private equity firm Lingfeng Capital, with participation from Hong Kong QBN Capital. The Series B funds will be used to meet the capital requirements for obtaining a broker-dealer license from the Swiss financial regulator FINMA.