BancaStato Lets Clients Trade Crypto Via Sygnum-Avaloq Link

BancaStato launched regulated cryptocurrency trading for clients on July 23, connecting Sygnum's digital-asset services to its Avaloq core banking system. Through the integration, clients can buy, hold and sell Bitcoin, Ethereum, Litecoin and Solana inside existing web and mobile banking applications.

Trades run through Sygnum's B2B API without a separate order management system, the firms said. Client assets sit in Sygnum's institutional custody setup, with regulated off-balance-sheet safeguarding built into the service alongside the bank's traditional portfolio view.

BancaStato becomes the first bank using Avaloq's SaaS environment to offer Sygnum-powered crypto trading directly through its e-banking channels. It joins more than 25 institutions on Sygnum's B2B platform. The next test is whether the integrated model can turn infrastructure efficiency into sustained client adoption across Ticino's banking market.