Fuze Finance (Fuze), a regulated crypto-assets infrastructure provider, has announced its expansion to Switzerland. The move marks the company's entry into Western Europe and complements its existing regulatory licenses in the Middle East, Turkey and Canada.

The Supervisory Organisation for Financial Intermediaries and Trustees (SO-FIT) has approved Fuze as an affiliated financial intermediary, subject to supervision under the Anti-Money Laundering Act. As a supervised intermediary, Fuze will offer institutional clients crypto-assets infrastructure and stablecoin settlement alongside SWIFT, SEPA and SIC rails.

The entry comes as Swiss financial institutions face a gap in regulated digital-asset services. According to the IMF, referencing FINMA, around four out of five Swiss banks have yet to establish a regulated crypto-assets offering – a shortfall that firms specialising in crypto infrastructure have moved to address, either by partnering with local institutions or by establishing their own Swiss-regulated presence.

Mo Ali Yusuf, CEO of Fuze Finance, said: "Switzerland is a leader in crypto-assets regulation and we're looking forward to bringing our experience to one of the world's most important financial hubs. Swiss banks and fintechs are looking for more than a crypto product bolted onto existing systems – they need secure, regulated infrastructure suitable for the future of finance. We aim to provide institutions with crypto-assets infrastructure that can help them scale and innovate faster to meet growing client demand."

Fuze will bring digital and conventional infrastructure together within a single regulated offering. For Swiss private banks and wealth managers, the company will provide a fully disclosed crypto-asset services model, delivered through Swiss-regulated partner institutions, including banks and fintechs.

Fuze will enable institutional crypto brokerage, OTC execution on an agency basis, and embedded crypto-asset brokerage. This model is detailed in a joint paper with blockchain security and risk solutions firm Halborn.

Gianluca Masini, Country Manager of Fuze Finance (Switzerland), added: "Switzerland has built a regulatory framework that treats crypto-assets as a core to the future of finance. Under SO-FIT, we are establishing and growing an on-ground team with agile local decision-making. Swiss banks and fintechs hold their partners to a high standard and we want to provide the best possible service from day one."