Swiss Bitcoin Investment App Relai Receives MiCA License from French Financial Markets Authority

BlockBeats News, October 24th, according to Cointelegraph, Swiss Bitcoin investment app Relai has obtained a Crypto Asset Market Supervision (MiCA) license from the French Financial Markets Authority (AMF). Relai will be able to launch several regulated services related to Bitcoin investment on its app.

Founded in Zurich in 2020, Relai raised $12 million in a Series A funding round led by the U.S. venture capital firm Ego Death Capital at the end of 2024, with other supporters including Plan B Bitcoin Fund, Timechain, and Solit Group.