Sygnum, a global digital asset banking group, announces a variety of custody, trading, and lending solutions for layer-one cryptocurrency, SUI, broadening access for professional and institutional clients to the Sui ecosystem.
Sygnum’s regulated product portfolio and bank-grade infrastructure provides Sui with “a gateway to tap into the accelerating inflows from financial institutions, banks, asset managers and High Net Worth Individuals (HNWI).”
SUI is fully integrated into Sygnum’s banking platform.
Regulated services include “institutional-grade digital asset custody, spot and derivatives trading, staking and SUI collateral-backed Lombard Loans, complemented by a broad range of traditional securities.”
Sui, developed by a team of former Meta engineers at Mysten Labs, is designed to deliver “crypto’s decentralised benefits with the ease and familiarity of today’s internet.”
The Sui blockchain processes “activity in parallel, making it highly scalable in the same way as Cloud services.”
Sui supports a wide range of applications, “including DeFi, instant payments, Real-World Asset (RWA) tokenization and gaming.”
It is also an early player in BTCfi (Bitcoin Finance) where it “enables Bitcoin owners to engage with DeFi and earn, lend, and trade without compromising security.”
As covered, Sygnum is a global “digital asset banking group, founded on Swiss and Singapore heritage.”
They empower professional and institutional investors, banks, corporates and DLT foundations “to invest in digital assets with complete trust.”
Their team enables this through “institutional-grade security, expert personal service and portfolio of regulated digital asset banking, asset management, tokenization and B2B services.”
In Switzerland, Sygnum holds a banking license and “has CMS and Major Payment Institution licences in Singapore.”
The group is also regulated in the established “global financial hubs of Abu Dhabi and Luxembourg and is registered in Liechtenstein.”
As noted in the update, Sui is a Layer 1 blockchain and smart contract platform “designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone.”
Its object-centric model, based “on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets.”
With horizontally scalable processing and storage, Sui supports a “range of applications with speed at low cost.”
Sui is described as a step-function advancement in blockchain and “a platform on which creators and developers can build amazing user-friendly experiences.”
