Fuze Finance Expands to Switzerland to Provide Institutional Crypto Assets Infrastructure

Fuze Finance has secured approval from the Supervisory Organisation for Financial Intermediaries and Trustees (SO-FIT) to launch its crypto infrastructure services in Switzerland. This expansion represents the firm’s inaugural entry into Western Europe, providing a regulated bridge for Swiss financial institutions to access digital asset markets within the world’s largest cross-border wealth management hub.

What was announced

The approval by SO-FIT, which operates under the authority of the Swiss Financial Market Supervisory Authority (FINMA), designates Fuze Finance as an affiliated financial intermediary. This status subjects the firm to supervision under the Swiss Anti-Money Laundering Act (AMLA). The move is strategically timed to address a significant gap in the Swiss market; while Swiss banks oversee approximately CHF 9.3 trillion (US$11.5 trillion) in assets under management, data from the IMF 2025 Financial Sector Assessment indicates that roughly 80% of FINMA-supervised banks and securities firms have yet to implement a regulated crypto asset offering.

Fuze’s Swiss entity will provide institutional clients with a suite of services designed to merge digital and traditional financial systems. This includes crypto asset infrastructure and stablecoin settlement capabilities integrated alongside traditional SWIFT, SEPA, and Swiss Interbank Clearing (SIC) rails. For the nation’s private banks and wealth managers, Fuze is introducing a fully disclosed service model. This offering encompasses institutional crypto brokerage, agency-based over-the-counter (OTC) execution, and an API platform that allows regulated entities to embed brokerage services directly into their existing product suites.

To support this rollout, Fuze has also collaborated with blockchain security firm Halborn to produce a joint paper outlining a readiness model for banks entering the crypto space. This framework is designed to help institutions assess their operations from initial market entry through to full institutional-grade status. Fuze will phase up its Swiss operations over the coming months, which includes local hiring to support its institutional client base while maintaining its effective place of management and decision-making within Switzerland.

"Switzerland is a global leader in crypto assets regulation and we’re looking forward to bringing our depth of 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 their existing systems – they need secure, regulated infrastructure suitable for the future of financial services. We aim to provide these institutions with crypto assets infrastructure that can help them scale and innovate faster to meet growing client demand."

Mo Ali Yusuf, CEO of Fuze Finance.

The companies involved

Fuze Finance is a regulated provider of digital assets infrastructure that has established a significant footprint in emerging markets before its pivot toward Western Europe. To date, the company has processed over US$12 billion in digital assets volume. Its regulatory portfolio is extensive, holding licenses and approvals across the Middle East, Turkey, and Canada. The firm’s expansion is supported by a mix of international and regional investment funds, positioning it as a global player in the digital asset custody and settlement space.

The leadership team includes Mo Ali Yusuf, who serves as CEO and brings experience from his previous tenure at the global payments processor Checkout.com. The Swiss operations are led by Gianluca Masini, who holds the title of Country Manager for Fuze Finance (Switzerland). The company has leveraged the UAE’s regulatory environment as a foundational platform for its global scaling strategy, utilizing the robust infrastructure developed in the Middle East to inform its entry into high-compliance jurisdictions like the Swiss Confederation. By establishing an on-ground Swiss team, the firm aims to provide agile local decision-making for a market that holds its partners to exceptionally high standards.

What this means

The entry of an infrastructure specialist like Fuze into Switzerland highlights a growing tension between traditional wealth management and the digital asset class. With the vast majority of Swiss banks currently lacking a regulated crypto offering, the industry faces a critical bottleneck as client demand for digital assets increases. This announcement puts pressure on legacy technology providers who have struggled to integrate blockchain-based settlement with traditional rails like SIC and SEPA. The focus on "fully disclosed" models suggests that the next phase of Swiss banking will move away from opaque sub-custody arrangements toward transparent, institutional-grade brokerage. The success of such ventures will likely depend on whether traditional institutions view these third-party infrastructure layers as a shortcut to compliance or a threat to their proprietary control over the client relationship.