Tinkoff ceased to own the Swiss crypto platform Aximetria

The Swiss cryptocurrency service Aximetria has undergone a significant ownership change as the Russian company Tinkoff has sold its stake to Swiss consulting company Red Circle AG, according to reports. The details surrounding this event have not been disclosed, but Anton Kitsun, formerly of Tinkoff, remains as the managing director of Aximetria. The platform offers crypto services to private and corporate clients worldwide. Aximetria, founded in 2017 by Alexey Axelrod and backed by investment company Digital Horizon, gained Tinkoff as an 83.2% stakeholder in 2021. Despite the termination of Aximetria’s customer service, the Swiss Financial Market Supervisory Authority (FINMA) has declined to comment, emphasizing its non-interference policy. Interestingly, despite bans by major crypto exchanges on cards from sanctioned Russian banks, citizens of Russia have been actively using them in peer-to-peer transactions on exchanges like Binance, Bybit, and Huobi, including cards from Tinkoff Bank.