Sygnum Bank's B2B platform now serves four cryptocurrencies through Bancastato's online banking, extending regulated access to more than 25 partner banks and a third of Switzerland's population.
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Sygnum Bank connected its regulated cryptocurrency services to Bancastato's online banking system, giving clients in Switzerland's Ticino region access to bitcoin, ether, litecoin, and solana through their existing banking applications. Customers can buy and sell the four digital assets, and hold them through Sygnum's custody platform, without opening a separate exchange account.
Sygnum provides the trading and custody infrastructure while Bancastato retains the customer relationship. The integration uses Sygnum's API and operates through Avaloq's software-as-a-service banking environment. Sygnum Chief B2B Officer Fritz Jost said the arrangement reflects demand for regulated digital asset services that plug directly into existing banking systems. He called Bancastato's launch "a significant step in the maturity and scalability of regulated digital asset infrastructure."
Sygnum's B2B platform now serves more than 25 banks, including Zuger Kantonalbank, Luzerner Kantonalbank, Postfinance, and VZ Vermögenszentrum. The company estimates those partnerships extend regulated digital asset services to more than one-third of Switzerland's population. Bancastato expands the network into the Italian-speaking region.
Sygnum holds a Swiss banking license from the Swiss Financial Market Supervisory Authority, or FINMA, and has additional licenses in Singapore, Abu Dhabi, Liechtenstein, and under the European Union's Markets in Crypto-Assets framework. The company was founded in 2018 with a dual-hub structure in Zurich and Singapore.
Bancastato executive Curzio De Gottardi said adding digital assets broadens the bank's existing investment offering. The crypto market analysis shows that Switzerland's approach to folding cryptocurrency into existing banking supervision has given financial institutions a clearer path toward launching regulated services.
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