Fuze Finance Enters Switzerland Under SO-FIT Oversight

Fuze Finance announced its entry into Switzerland on Sept. 8 after the Supervisory Organisation for Financial Intermediaries and Trustees, or SO-FIT, approved it as an affiliated financial intermediary. The company said the status places its Swiss operation under supervision for compliance with the country’s Anti-Money Laundering Act.

The expansion is Fuze’s first move into Western Europe, adding to its regulated operations in the Middle East, Turkey and Canada. Its official announcement also draws a firm boundary around the approval: Fuze is not a bank and is neither licensed nor directly supervised by the Swiss Financial Market Supervisory Authority, known as FINMA.

Fuze targets banks, fintechs and wealth managers

Fuze plans to provide crypto-asset infrastructure and stablecoin settlement to institutional clients alongside conventional SWIFT, SEPA and Swiss Interbank Clearing rails. The stated product set includes institutional crypto brokerage, agency-based over-the-counter execution and embedded brokerage services.

For private banks and wealth managers, the company says services will be delivered through Swiss-regulated partner banks and fintechs under a fully disclosed model. Access is limited to institutional and professional clients on a business-to-business basis; Fuze says it will not offer retail services in Switzerland.