“We are not currently in discussions with any SPAC or DAT,” they added. “We are in discussions with potential investors. As mentioned, the focus is on strategic growth capital. An IPO could be a logical next step in the future.”
Following the publication of this article, the spokesperson said that going public via a reverse takeover of a DAT company “is not an option for us.”
Cantor declined to comment.
Founded in 2018 as SEBA Bank and renamed AMINA in 2023, the lender is supervised by the Swiss Financial Market Supervisory Authority, FINMA. It is one of the few regulated banks focused on digital assets. The company offers cryptocurrency trading, custody, staking and lending services to institutional and professional investors, and has expanded into Abu Dhabi, Hong Kong and India.
The crypto industry has embraced public markets over the past year, with listings from companies including CoinDesk owner Circle Internet (CRCL), Bullish (BLSH), Gemini Space Station (GEMI), BitGo (BTGO), and Figure (FIGR), marking the sector’s strongest wave of IPOs since 2021.
Although the transactions initially attracted strong investor demand, post-listing performance was uneven as weak cryptocurrency prices, slowing trading activity and a broader risk-averse environment weighed on valuations.
This has prompted some private companies to delay or reconsider their own public procurement plans. Several major crypto companies, including Kraken parent Payward, Ethereum app builder Consensys, wallet provider Ledger and asset manager Grayscale, have delayed their IPO plans while waiting for markets to improve.
