Smart Valor Is Conducting a Strategic Review That May Lead to Sale of the Company

Smart Valor Is Conducting a Strategic Review That May Lead to Sale of the Company


Smart Valor, a crypto exchange and AI-led investment company, is exploring a possible sale of all or part of its business.

The Zug, Switzerland-based company is conducting a strategic review after receiving a number of inquiries from large global exchanges, crypto platforms and traditional finance (TradFi) institutions including banks and trading platforms, CEO and co-founder Olga Feldmeier told CoinDesk in an interview.

The European Union’s Markets in Crypto Asset (MiCA) rules came into force on Dec. 30, and Smart Valor could be a target for companies that don’t have regulatory approval in Europe. While neither Switzerland nor Lichtenstein, where Smart Valor’s retail crypto exchange is regulated, are members of the bloc, they belong to the European Economic Area (EEA) and can adopt MiCA. Liechtenstein’s law

Trending: BREAKING: President Trump STUNS officials at DOJ with new firings

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!