XEROF

Company

Swiss custody. Stablecoin settlement

XEROF gives businesses and private clients a transparent way to move between stablecoins and fiat and to hold cryptoassets in their own segregated wallet, operated from Zug, Switzerland.

About XEROF

FE Swiss Financial AG dba XEROF was founded in 2021 by Nick Ntigrintakis and Marc Taverner, who needed a trustworthy, compliant counterparty for exchanging cryptoassets against fiat and could not find one. We built it in Zug, Switzerland, under Swiss anti-money-laundering supervision, and kept the model deliberately narrow: convert, pay out, hold.

Every quote is sourced from tier 1 institutional liquidity providers and passed through at cost. Our fee is applied separately and shown on every confirmation, so what you pay is verifiable on every transaction. Client cryptoassets sit in one segregated on-chain wallet per client.

Regulatory status

Swiss AML regulation

FE Swiss Financial AG, dba as XEROF, is a financial intermediary under the Swiss Anti-Money Laundering Act (AMLA), regulated through its membership of VQF.

VQF membership No. 100954

VQF, the Financial Services Standards Association, is a self-regulatory organisation recognised and supervised by FINMA, the Swiss Financial Market Supervisory Authority. XEROF has been a member since 21 December 2021 and is audited annually.

Three regulated activities

Our AMLA scope covers OTC exchange between virtual assets and fiat (Settlement), payment services (Payouts) and custodial services in segregated wallets (Custody). Everything on this site maps to one of the three.

Common questions

Who operates XEROF?
FE Swiss Financial AG, doing business as XEROF, from Zug, Switzerland.
When did the company start serving clients?
It has served digital-asset clients since 2021.
Which three activities does the company carry out?
Crypto to fiat exchange, payments, and segregated custody, all under the Swiss Anti-Money Laundering Act.
What does the team cover?
Compliance, settlement operations, institutional liquidity, custody infrastructure and software engineering, so the service runs end to end.
Where is the company registered?
In the Commercial Register of the Canton of Zug, at Gubelstrasse 11, 6300 Zug.
What is the company registration number?
CHE-353.710.248.
Is the company audited?
Yes. The company is subject to an AML audit and a financial audit by independent Swiss firms.

Cross-border Services Restrictions

FE Swiss Financial AG (XEROF) is a Swiss Virtual Asset Service Provider, member of the Financial Services Standards Association (VQF), a Swiss Self-Regulatory Organisation under the supervision of Swiss Financial Market Supervisory Authority (FINMA). XEROF's products and services are only regulated in Switzerland. They are not registered or approved outside of Switzerland.

Any information on XEROF's website (i) is not intended and should not be construed as an offer, solicitation or recommendation outside of Switzerland and (ii) may not be suitable or lawful in your jurisdiction.

You are welcome to explore XEROF's website at your own initiative. Click 'Continue' if you are either (i) a resident of, domiciled in, or an entity established in Switzerland, or (ii) are a resident of, domiciled in, or an entity established outside of Switzerland but would like to visit XEROF's site on your own initiative.

If you fall under (ii) above, when choosing 'Continue', it is important to do this on your own initiative, as XEROF is not authorized to promote its products and services outside Switzerland. If you do not wish to visit the site, please click 'Back'.

If you click 'Continue' to explore, please note that you:

  1. are confirming you have read and understood the above;
  2. are accessing XEROF's website at your own initiative, without active promotion or solicitation from XEROF;
  3. are responsible for ensuring access is lawful in your jurisdiction; and
  4. understand that exploring the website does not create a client relationship.