- BDSwiss relocates operations to Seychelles under BDS Ltd, following Viverno’s CySEC license suspension and a strategic pivot to non-European markets.
- The company’s restructuring shifts focus from EU clients to MENA, LATAM, and APAC regions, amid executive departures and operational changes.
BDSwiss has officially shifted operations offshore, moving its brand under BDS Ltd, a Seychelles-registered entity.
This change follows the earlier rebranding of its Cypriot subsidiary, BDSwiss Holding Ltd, to Viverno Markets Ltd, now a B2B platform offering liquidity and tech solutions for CFDs brokers.
The restructuring at BDSwiss began last year after the departure of CEO Nicolas Shamtanis, with the company pivoting its focus from the EU toward clients in MENA, LATAM, and APAC regions.
Key executives, including CRO Andreas Andreou, Head of Account Opening Nita Georgiadou, and MENA CEO Daniel Takieddine, have since left the company. BDSwiss, led by German entrepreneur Jan Malkus, is navigating a new direction focused on non-European markets.