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Amina Bank hits $40M revenue in 2024 as crypto AUM doubles

  • Swiss crypto bank Amina Bank, previously Seba Bank, achieved record financial performance in 2024, with revenue increasing by 69% to $40.4 million.
  • Assets under management (AUM) doubled to $4.2 billion, driven by institutional demand and strategic expansions, according to a May 28 announcement.
  • The bank attributes its growth to its multi-jurisdictional presence, round-the-clock trading, and a lending book with no defaults in five years.
  • Amina Bank also reported a substantial rise in international revenue, with operations in Abu Dhabi and Hong Kong experiencing significant growth.

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