Sygnum Bank confirms its strong B2B track-record by announcing that it has onboarded 10 leading banks, empowering them to offer flexible, regulated crypto banking services to their clients.
Sygnum reaches a milestone of 10 B2B banking partners, including the publicly announced Bordier & Cie and VZ VermögensZentrum, have now partnered with Sygnum to launch crypto banking services for their clients with rapid go-to-market timescales. Leveraging Sygnum’s modular B2B platform, they can deploy a range of regulated services including segregated client accounts, custody, trading, staking, tokenization and asset management – with no lock-in period.
Orchestrating future-ready crypto banking
Sygnum has cemented its B2B partnerships due to its trusted team, consultative approach and, most importantly, its track-record of successful live deployments. Launching these on short timescales requires the tight orchestration of 200 of Sygnum’s Swiss-based crypto specialists. In addition to modular banking services, complementary elements include Sygnum’s plug-and-play API connectivity and risk and compliance management via proprietary crypto-AML tools, crypto compliance consulting and client-education.
Being an active participant of the crypto community, and having many of the institutions and individuals behind major global crypto and DeFi projects as clients and partners, ensures that Sygnum is involved in leading-edge projects that keeps its team, solutions and clients ahead of the industry.
“The growth of the Sygnum B2B banking ecosystem is a testament to the value of strategic client partnerships and the need for specialist teams to shape development and build trust in new, fast-moving asset classes. Sygnum is the digital asset bank for banks”, says Fritz Jost, Sygnum Bank’s Chief B2B Officer.
Continual expansion of regulated crypto investment services
Since it gained its Swiss banking licence in August 2019, Sygnum has leveraged its flexible multi-custody platform to continually expand its cryptocurrency offering, currently numbering more than 20 leading tokens. Sygnum’s market-tested multi-custody setup, primarily developed for institutional customers and other financial institutions, enables their B2B banking clients to accommodate different digital asset use-cases with a dedicated best-in-class platform without compromising security. To further build-out and complement their platform, Sygnum continuously screens the fast-changing digital asset infrastructure industry and integrates additional state-of-the-art components to broaden supported use-cases and enhance client experience. Included in major upcoming updates is the capability to more efficiently trade and settle smaller ticket sizes, as well as optimised management of clients’ trade margins and collateral to support further growth of their derivatives trading offering and Lombard Loan business.
About Sygnum
Sygnum is the world’s first digital asset bank, and a digital asset specialist with global reach. With Sygnum Bank AG’s Swiss banking licence, as well as Sygnum Pte Ltd’s capital markets services (CMS) licence in Singapore, Sygnum empowers institutional and private qualified 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. The company is founded on Swiss and Singapore heritage and operates globally.
Photo by Thimo Pedersen on Unsplash
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