Sygnum Bank has announced a strategic partnership with Aquila GVM Consulting SA, an independent wealth management firm in Lugano with traditional asset management expertise.
Aquila GVM Consulting will reportedly “leverage Sygnum’s crypto-native all-in-one digital asset banking services.”
By working with Sygnum, Aquila GVM Consulting is “creating unique opportunities for clients with seamless multi-asset portfolio construction, liquidity management and treasury management.”
With this partnership, Sygnum is increasing its commitment “to the innovative growth in the crypto and DLT hub in Lugano.”
Aquila GVM Consulting is part of “the largest network of External Asset Managers (EAMs) in Switzerland. In choosing to partner with Sygnum, Aquila GVM Consulting is able to meet demand for portfolio management with diversification into crypto assets, and for holistic treasury management solutions for both digital assets and traditional securities.”
Sygnum brings an understanding of “the growing crypto and DLT hub in Lugano and the EAM, Multi-Family Office (MFO) and B2B banking sectors with a growing presence in the region.”
Globally, Sygnum provides “over 50 EAMs and MFOs with a wide range of regulated digital asset services from one entry point, including trading, custody and lending services for digital assets and traditional securities.”
The need for end-to-end treasury diversification solutions “with a strong partner is demonstrated by Sygnum’s work to provide a two-way, regulated bridge that services crypto’s growing demand for traditional assets.”
Lugano is a growing crypto and DLT hub “in Ticino, southern Switzerland, with innovative initiatives like Plan B. This initiative has seen over 10,000 merchants accepting crypto payments and an investment pool of CHF 100m+ grow for startups in Lugano.”
Beat Magyar, CEO at Aquila GVM Consulting said:
“In this evolving financial landscape, Aquila GVM Consulting, with its longstanding expertise in traditional asset management, is thrilled to partner with Sygnum Bank. We are merging our proven track record in traditional investments with Sygnum’s offering in the dynamic world of digital assets, blockchain and cryptocurrencies. We firmly believe that innovation is the key to success, and this partnership reflects our values by offering access to a growing asset class.”
Michele Crivelli, Partner at Aquila GVM Consulting, said:
“This partnership is a testament to our adaptability and commitment to meeting the diverse needs of our second and third generation clients. By integrating these cutting-edge digital services, we are not only expanding our service offering but also ensuring that we are well-equipped to navigate and thrive in the future changes of the financial world. This collaboration positions us uniquely to offer a comprehensive, future-proof financial solution for to the evolving needs of our client base.”
Romano Marco Brotschi, Head of EAM & MFO at Sygnum, adds:
“We are pleased to partner with Aquila GVM Consulting. This collaboration reflects our shared vision of Future Finance, to build a trusted gateway between the traditional and digital asset economies. We take pride that Sygnum’s digital asset offering is seamlessly integrated alongside Aquila GVM Consulting’s traditional investment solutions, empowering their clients with a diverse range of investment choices.”