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Julius Baer-Backed Crypto Bank Ramps Up Asia Hiring After Selloff

  • Seba Bank is applying for licenses in Singapore and Hong Kong
  • Swiss-headquartered bank plans to hire for legal, compliance
The SEBA Bank website.

The SEBA Bank website.

SEBA Bank AG, an online bank backed by Julius Baer Group Ltd. that’s focused on digital assets, plans to more than double its headcount in Asia, despite the recent rout in crypto assets. 

The bank is seeking to increase its staffing to more than 20 in Hong Kong and Singapore, from about seven people now, adding legal, compliance and relationship manager staff, Eugene Sun, the bank’s head corporate development for Asia. The lender is seeking licenses in both cities, he said.