Swiss crypto bank AMINA taps Cantor to explore public listing

AMINA, a Swiss digital asset bank, said it is working with Wall Street firm Cantor to explore options that might lead to a public listing.

The bank has explored several possibilities, including a SPAC merger, and now favors going public through a reverse takeover of a digital asset treasury company, according to two people familiar with the matter, who spoke on condition of anonymity because the talks are private.

Discussions are ongoing and no final decision has been made on the preferred path forward, an AMINA spokesperson said. An IPO may be on the cards, but the immediate concern is to raise strategic growth capital, they said.

“SPACs and other vehicles have contacted us. Their primary focus is on a quick stock market listing rather than growth capital. In contrast, we are looking at options that will support AMINA’s strategic growth,” the company spokesperson said in emailed comments.

“We are not currently in discussions with any SPACs or DATs,” they added. “We are in discussions with potential investors. As mentioned, the focus is on strategic growth capital. An IPO could be a logical next step in the future.”

Cantor declined to comment.