SEBA Bank raises CHF 110 million series C round co-led by Altive, Ordway Selections and Summer Capital.

SEBA Bank, a Zug, Switzerland-based provider of digital financial services intended to build a bank offering cryptocurrency assets to companies and investors, raised CHF 110 million ($120M) in series C financing round.

The money was raised from investors co-led by Altive, Ordway Selections, and Summer Capital, joined by DeFi Technologies, Alameda Research, and FTX. Existing shareholder Julius Bär also contributed to the round.

SEBA Bank, founded in 2018 and led by CEO Guido Bühler, built a digital asset bank that holds regulatory licensing providing a seamless, secure and easy-to-use bridge between digital and traditional assets.

SEBA Bank previously raised CHF20M series B investment round and prior to that, in 2018, it announced raising a total of CHF 100M.