Swiss crypto exchange platform Smart Valor is exploring the possibility of selling all or part of its business

BlockBeats News, January 22nd, according to CoinDesk, Swiss cryptocurrency exchange and AI-driven investment firm Smart Valor is exploring the possibility of selling all or part of its business. CEO and co-founder Olga Feldmeier stated in an interview that the company is undergoing a strategic review after receiving a significant amount of interest from large global exchanges, cryptocurrency platforms, and traditional financial (TradFi) institutions including banks and trading platforms.

The European Union's Markets in Crypto-Assets (MiCA) regulation came into effect on December 30th last year, making Smart Valor a potential target for companies operating in Europe without European regulatory approval. Although Switzerland and Liechtenstein (the regulatory jurisdiction of Smart Valor's retail cryptocurrency exchange) are not EU member states, they are part of the European Economic Area (EEA) and can adopt MiCA. Liechtenstein's law will come into effect on February 1st. Feldmeier mentioned that the company has engaged investment bank Imperii Partners to explore potential opportunities.