SEBA Bank’s SEBAX  Wins “Best ETP of the Year” Award in Swiss ETF Awards 2022

• SEBA Crypto Asset Select Index delivers excellent performance and innovation in the crypto space which is honored by the public
• The “Best ETP of the Year” award recognises the SEBAX  Index as a leader in the multi-coin crypto space
• The SEBAX  Index is unique in that it combines the quality processes of a Swiss regulated bank with outstanding investment performance track record

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, has won the “Best ETP of the Year” Award in the Swiss ETF Awards 2022 for SEBA Crypto Asset Select Index (SEBAX®), which is publicly listed on the SIX Swiss Exchange.

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Presented by Xenix and Finanzen.ch, the Swiss ETF Awards 2022 honor ETFs and ETPs listed in Switzerland in 2021 across seven categories. SEBAX  was selected as the “Best ETP of the Year”, trumping nominations from well-known Swiss and global ETP providers. The winner, judged on excellence in delivery, innovation, and customer impact, was chosen by a public vote.
The SEBAX  index leverages SEBA Bank’s one of a kind SEBA Research unit which applies the highest standards and complies with the Swiss Bankers Association research guidelines, and offers investors a diversified cryptocurrency market exposure while optimizing overall risk. As a second generation crypto-currency index the SEBAX ®   index is what one would refer to as a “smart beta index”, employing a unique coin selection and weighting methodology. In addition to market cap, the SEBAX ®   index employs a risk optimization approach which weights cryptocurrencies in inverse proportion to their risk (“risk parity”). The two-year live track record  speaks for itself, and is a testament to SEBA Bank´s mission to serve as a secure and convenient bridge into the digital asset world.

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Stefan Schwitter, Head of Investment Solutions at SEBA Bank, commented, “We are delighted to receive recognition for SEBAX ®   in the Best Swiss ETP category by the public. We are proud of the two-year live track record of the SEBAX ®   Index having delivered twice the performance of Bitcoin at the same level of risk – a clear leadership position in the crypto space.

Founded in April 2018 and headquartered in Zug, SEBA Bank is a pioneer in the financial industry and is the only global smart bank providing a fully universal suite of regulated banking services in the emerging digital economy. In August 2019, SEBA Bank received a Swiss banking and securities dealers license, and in September 2021 the CISA licence – the first time a reputed, regulatory authority such as FINMA has granted such licenses to a financial services provider with a core capability in digital assets. The broad, vertically integrated spectrum of services combined with the highest security standards, make SEBA Bank’s value proposition unique – this is why Banque de France selected SEBA Bank to test the integration of Central Bank Digital Currency (CBDC). CVVC Global Report and CB Insights name SEBA Bank as Top 50 Companies within the blockchain ecosystem. Aite Group awarded SEBA Bank with their 2021 Digital Wealth Management Impact Innovation Award in the category “Digital Startup of the Year”, and LinkedIn list SEBA Bank as one of the Top Startups 2021 in Switzerland.

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