Maverix Securities AG (MAVX), a Swiss securities firm regulated by FINMA, looks back on a year of strong growth in 2024. In addition to consolidating its already established position in brokerage services, the company further expanded its role as an issuer and trading platform for structured products and ETPs, strengthening its market presence in an increasingly dynamic and competitive environment.

First Full Year Post-Licensing: Scaling with Substance

Following its establishment in 2022 and FINMA licensing in 2023, 2024 marked Maverix’s first full year of operations as a regulated securities firm. During this period, the company successfully scaled key business areas – in particular, its issuance and trading activities. At the same time, Maverix substantially expanded its platform, broadened its service offering, and laid a solid foundation for sustainable growth.

A key milestone in this development was the successful execution of more than 200 proprietary issuances across seven different payoff structures, underscoring Maverix’s technical capabilities and commitment to innovation. With its new presence in Lugano and a strategic partnership with SBIDM in Singapore, the company also established a broader regional footprint. Targeted strengthening of the sales team enabled Maverix to launch its own activities in selected international markets for the first time, setting the stage for further global expansion.

Maverix’s innovative strength was further underscored in 2024 through several awards and product launches. The company received the Swiss Newcomer ETF Award 2024 and the Swiss Derivatives Award for the best actively managed index. In addition, Maverix launched two products that are unique in their category and strategically broaden its offering: with the Next Generation Payment ETP, Maverix introduced the first solution combining equities and cryptocurrencies, which has proven resilient even in a challenging market environment. Furthermore, the company launched the Staking+ ETP on Solana and Ethereum – the world’s first distributing ETP on digital assets. Since their launch, Maverix’s proprietary ETPs have delivered a performance of over 35%.

Finally, the development of a fully automated AMC platform for digital assets marked another important milestone. This platform enables Maverix to professionally and efficiently meet the growing demand for securitized, fully regulated crypto investment strategies – a decisive step in advancing the company’s digital financial infrastructure.

Broad-Based Progress

• Operating income: CHF 14.3 million (+37% year-on-year), following +33% growth in the previous year – nearly doubling within two years.
• Balance sheet total: +187% to over CHF 150 million, of which CHF 125 million stems from proprietary issuances – balance sheet-effective products from MAVX, fully secured and backed by corresponding assets.
• Assets under management (AUM): CHF 260 million (+118%), with a total including assets under administration exceeding CHF 700 million.
• Cost development: Expenses rose by only +12% despite strong expansion; already profitable in 4 out of 12 months.
• Stable income structure: Share of recurring revenues significantly increased to 30%.

Results in Line with Plan – Loss Significantly Reduced, Capital Base Strengthened

The net loss for the year amounted to CHF 3.88 million (previous year: CHF 5.12 million), thus remaining within the budgeted target range. The capital base was initially increased to CHF 5.83 million by the end of 2024 and, in a further step, expanded significantly to over CHF 9 million by the end of March 2025 – largely supported by new investors.

With this strengthened financial foundation, Maverix is exceptionally well positioned to continue its growth trajectory and to invest selectively in the expansion of its platform. Ongoing efficiency gains and the increasing scalability of its business segments provide a solid basis to achieve sustainable profitability from the 2026 financial year onward.

Outlook: Focus on International Growth

Maverix considers itself strategically, operationally, and financially well positioned. The focus is on the continued expansion of international activities, particularly in the issuance and structuring of innovative investment products.

Giuliano Glocker, Co-CEO of Maverix, emphasizes: "With our strengthened capital base, we have the stability and independence required to pursue our long-term strategy. It enables us to seize opportunities selectively, invest in key areas, and further consolidate our position as an independent player both in Switzerland and internationally. We are committed to controlled, sustainable growth – step by step, with a clear focus on product innovation and proximity to our clients."

David Schmid, Co-CEO of Maverix, adds: "We see Maverix at a point where we can not only scale our operations but also expand our market presence in a targeted manner. Expanding international partnerships is just as central as entering new markets – particularly France, where planning is already well advanced. Our goal is to establish Maverix as a leading platform for structured products and digital investment instruments beyond Switzerland, built on a differentiated offering defined by transparency, efficiency, and innovation."