On January 22nd, COINOTAG reported through CoinDesk that the Swiss cryptocurrency exchange Smart Valor, known for its AI-driven investment strategies, is considering divesting some or all of its operations. CEO Olga Feldmeier indicated that this decision comes amid heightened interest from major global exchanges and established traditional financial institutions, including banks and trading platforms. As the Markets in Crypto-Assets (MiCA) regulation was instituted on December 30th, Smart Valor has emerged as an attractive prospect for entities lacking EU regulatory clearances. While not an EU member, Switzerland and Liechtenstein are part of the European Economic Area (EEA), with the potential to implement MiCA regulations. Notably, Liechtenstein’s relevant legislation will activate on February 1st. Feldmeier confirmed that the firm is collaborating with investment bank Imperii Partners to identify possible avenues for growth.
Source: https://en.coinotag.com/breakingnews/smart-valor-explores-potential-sale-amid-rising-interest-from-major-crypto-and-tradfi-institutions/