AMINA Explores Reverse Merger with DAT for Public Listing Pathway

Swiss crypto bank AMINA engages Cantor to assess public market entry, favoring a reverse merger with Digital Asset Treasury over SPAC routes while prioritizing strategic capital growth.

Woofun AI reports that Swiss digital asset bank AMINA is collaborating with Wall Street firm Cantor to evaluate potential pathways for future public market entry. Sources indicate that while a Special Purpose Acquisition Company (SPAC) was previously considered, the bank now leans toward a reverse merger with Digital Asset Treasury (DAT), though no final decision has been reached.

AMINA emphasizes that its current priority is securing capital for strategic growth rather than pursuing a rapid listing, keeping an initial public offering as a future option. Established in 2018 and formerly known as SEBA Bank, the FINMA-regulated institution offers cryptocurrency trading, custody, staking, and lending services across Switzerland, the UAE, Hong Kong, and India. The bank reported CHF 74.6 million in Tier 1 capital and approximately $2.45 billion in total fundraising as of late 2025.