Investment Firm L1 Digital Receives FINMA Approval For Collective Crypto Investments

L1 Digital, a Swiss digital asset investment firm, has won authorization from the Swiss financial regulator FINMA to manage collective investment vehicles.

Collective investment vehicles involves investors pooling their money to invest in funds, rather than buying securities directly. In this context, L1 acts as an enabler for institutions to access liquid investments in crypto.in a way that most other regulators have not.

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