PostFinance partners with Sygnum Bank to offer cryptocurrencies

PostFinance, one of Switzerland’s leading financial institutions and largest retail banks, partners with Sygnum, the world’s first digital asset bank, to offer its customers a range of regulated digital asset banking services via Sygnum’s B2B banking platform.

PostFinance has analysed its customers’ investment needs and uncovered a strong demand for digital investment services. By leveraging Sygnum’s B2B banking platform, PostFinance will seamlessly integrate this new offering into its existing infrastructure from the outset.

Sygnum’s fully regulated B2B banking platform enables PostFinance to provide flexible and efficient access to a range of cryptocurrencies, as well as introducing new revenue-generating services on an ongoing basis, such as staking. Being a fully regulated digital asset specialist with a Swiss banking license, Sygnum is one of the few banks in the world that can provide a secure bridge between traditional finance and digital assets.

Philipp Merkt, Chief Investment Officer of PostFinance Ltd, says “Digital assets have become an integral part of the financial world, and our customers want access to this market at PostFinance, their trusted principal bank. A reputable and established partner like Sygnum Bank with an excellent service offering is more important than ever.”

Fritz Jost, Chief B2B Officer, Sygnum Bank, adds “Our all-in-one B2B banking platform enables our fifteen-plus B2B partner banks to expand their range of regulated digital asset services at scale and speed. We are pleased to empower PostFinance to deliver institutional-grade digital asset services to their customers. We are committed to continuously drive further innovation and positive change for the industry and our partner banks’ customers.”

About Sygnum

Sygnum is the world’s first digital asset bank, founded on Swiss and Singapore heritage. With Sygnum Bank AG’s Swiss banking licence, as well as Sygnum Pte Ltd’s capital markets services (CMS) licence in Singapore, it empowers professional and institutional investors, corporates, banks, and other financial institutions to invest in the digital asset economy with complete trust. Sygnum operates an independently controlled, scalable, and future-proof regulated banking platform. Our interdisciplinary team of banking, investment, and Distributed Ledger Technology (DLT) experts is shaping the development of a trusted digital asset ecosystem.

Image by Pascal Debrunner from Unsplash

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