Fuze Finance expands into Switzerland with regulated crypto infrastructure

  • Fuze Finance entered Switzerland after SO-FIT approved its affiliated financial intermediary status.
  • Fuze will serve institutional and professional clients, excluding Swiss retail customers.
  • Fuze is neither a bank nor licensed or directly supervised by FINMA.

Fuze Finance has entered Switzerland after the Supervisory Organisation for Financial Intermediaries and Trustees (SO-FIT) approved it as an affiliated financial intermediary subject to supervision under the Anti-Money Laundering Act. The move is Fuze's first expansion into Western Europe and adds to its regulated operations in the Middle East, Turkey and Canada. Fuze plans to provide institutional clients with crypto-asset infrastructure, stablecoin settlement and brokerage services alongside SWIFT, SEPA and Swiss Interbank Clearing rails. Its offering will include agency-based over-the-counter execution and embedded brokerage, delivered to private banks and wealth managers through Swiss-regulated partner banks and fintechs. Fuze is not a bank and is neither licensed nor directly supervised by FINMA. Its Swiss services will be offered exclusively to institutional and professional clients on a business-to-business basis, with no retail offering. The company is establishing a local team in Lugano led by Gianluca Masini, while client uptake, transaction volumes and the scale of its Swiss operation remain unproven.

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