Crypto Finance, InCore Bank and Inacta have joined forces to create regulated financial products on Tezos.
The exchange said the deal extends its offering for digital assets by providing a direct entry point for investments, including custody.
Banks can tick a box and start trading with us, said CEO Rupertus Rothenhaeuser.
The new hire, Rupertus Rothenhaeuser, was previously head of business at SIX Group's digital assets exchange.
Crypto Finance AG's $14.5 million funding round will go toward international expansion and courting institutional investors.