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

By: theblockbeats.news|2025/10/24 21:45:55

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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.

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Bitcoin (BTC) is holding above $76,000, supported by strong institutional buyingThe Fear & Greed Index at 33 indicates continued market caution despite price strengthCrypto ETPs saw $1.4B in inflows, marking three consecutive weeks of capital growthEthereum (ETH) is consolidating around $2,300, with resistance near $2,360Understanding what is futures trading vs what is spot trading is key in volatile marketsTraders are increasingly combining spot accumulation with futures trading strategies

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

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