Tagged: sygnum

March 26, 2023 @ 11:37 pm By Omar Faridi  |  

Sygnum, the digital asset bank, announces the opening of its Middle East hub in the Abu Dhabi Global Market international financial centre “to provide a portfolio of Swiss-regulated crypto banking services.” This move should further strengthen Sygnum’s global reach, “following Sygnum Singapore’s growth via corporate… Read More

January 17, 2023 @ 11:56 am By JD Alois  |  

Bison Bank, a regulated bank licensed by the Banco de Portugal, has inked an agreement with Sygnum Bank to enter the global crypto markets. The move follows the announcement of Bison Digital Assets, a subsidiary of the bank aiming to provide digital asset services like … Read More

November 25, 2022 @ 4:20 pm By Omar Faridi  |  

Sygnum, which claims to be the world’s first digital asset bank and first Swiss bank to open a hub in the metaverse, leverages its oversubscribed USD 90m Series B “to expand internationally into Abu Dhabi’s high-growth crypto-hub.” In addition to this, Sygnum is further strengthening… Read More

August 3, 2022 @ 11:14 pm By Omar Faridi  |  

Sygnum Bank announces that it has expanded its bank-grade staking offering with Cardano (ADA), the eighth-largest protocol by market cap (at the time of writing). Clients can “conveniently and securely stake Cardano through Sygnum’s institutional-grade banking platform to generate staking rewards.” Cardano (ADA) joins Sygnum’s… Read More

July 14, 2022 @ 5:07 pm By Omar Faridi  |  

Sygnum has strengthened its core tech leadership team and digital transformation capabilities with the addition of key executives to its Board of Directors, Fernando Luis Vázquez Cao, CEO of SBI Digital Asset Holdings, and Al-Noor Ramji, Tata Motors board member and former Prudential Chief Digital… Read More

December 28, 2021 @ 2:18 am By Omar Faridi  |  

This week, crypto (again) reached “record levels” of investment while industry professionals gathered to predict the key trends for the sector in 2022, the team at Sygnum Bank wrote in a blog post. At the same time, Sygnum has introduced a structured product offering (what… Read More

November 26, 2021 @ 9:21 am By Omar Faridi  |  

Sygnum Bank has confirmed that it has now onboarded VZ VermögensZentrum, an independent Swiss financial services firm that’s listed on the SIX Swiss Exchange, as the latest partner for its B2B banking solution. VZ VermögensZentrum’s partnership with Sygnum Bank enables them to “expand their offering… Read More

November 8, 2021 @ 7:05 am By Omar Faridi  |  

Last month, Sygnum had reportedly closed the subscription to its first Art Security Tokens (ASTs), representing the ownership rights to Picasso’s Fillette au béret painting. As noted in the announcement, this landmark initiative “enables investors to purchase and trade tokens in this 20th century masterpiece… Read More

October 3, 2021 @ 9:49 pm By Omar Faridi  |  

Japanese financial giant SBI Holdings, Switzerland’s crypto-asset bank Sygnum, and European asset management firm Azimut Group have introduced a VC fund of up to $75M that will be based in Singapore. It will focus on making investments in startups operating in the digital assets space…. Read More

August 28, 2021 @ 11:51 am By Omar Faridi  |  

On Friday (August 27, 2021), the team at Sygnum banking platform celebrated their anniversary as a “regulated Swiss bank.” As mentioned in an update from Sygnum Bank: “Two years since we received our banking and securities dealer license, we now have significantly more than CHF… Read More

May 20, 2021 @ 8:40 pm By Omar Faridi  |  

The team at DFINITY, which is described as the Internet Computer and a “revolutionary” blockchain hosting “unlimited” data and computation “on-chain,” (while easily building scalable dapps, DeFi, and websites), reveals that their Internet Computer effectively replaces usernames and passwords with “a more advanced and secure… Read More

April 15, 2021 @ 10:56 am By JD Alois  |  

Swisscom has joined with financial firms SEBA, Sygnum, Vontobel, and Swissquote, to pilot the Swiss Institutional Digital Asset Reference Rate (SIDAR). According to a public statement, during a two-week testing period, the partners carried out daily fixings for Bitcoin and Ether. The banks acted as… Read More

December 8, 2020 @ 1:38 pm By JD Alois  |  

The Swiss Stock Exchange has announced a “major stake” in Custodigit a joint venture between Swisscom & digital asset Bank Sygnum. Simultaneously, the company announced it would partner with Swisscom and Sygnum to provide an “Institutional Digital Asset Gateway.” Swisscom is Switzerland’s top telecoms &… Read More

May 3, 2020 @ 8:25 pm By Omar Faridi  |  

Sygnum Bank, a licensed digital asset bank, confirmed on April 30, 2020, that XRP digital tokens will be available through its banking services platform. Customers now have the option of depositing, trading, and accessing credit services using the XRP cryptocurrency. Headquartered in Switzerland, the FINMA-licensed… Read More

August 26, 2019 @ 8:52 am By JD Alois  |  

Digital asset platform Sygnum has received a banking and securities dealer license from the Swiss Financial Market Supervisory Authority (FINMA). The Zurich, Switzerland based Fintech reports this is the first time a digital asset specialist has received the license from FINMA – joining SEBA who… Read More

March 13, 2019 @ 8:55 am By JD Alois  |  

Deutsche Börse, Swisscom and Sygnum are partnering on the creation of a “trusted digital asset ecosystem” to build a platform to provide digital asset issuance, liquidity and banking services. The partnership is indicative of the growing acceptance by mainstream finance regarding the potential of distributed… Read More