Sygnum

Swiss cantonal bank BancaStato integrated Sygnum’s crypto trading and custody services into its Avaloq-powered digital banking apps, enabling customers to trade Bitcoin and other assets. The collaboration allows for regulated cryptocurrency transactions through the bank's digital platforms.

BancaStato, a Swiss cantonal bank, has launched regulated Bitcoin trading via Sygnum and Avaloq, allowing clients to buy, hold, and sell Bitcoin through its existing apps. The integration uses Sygnum’s API and Avaloq’s core banking system, with custody managed by Sygnum’s institutional-grade infrastructure.

Fidelity International launched a tokenized liquidity fund on Chainlink, utilizing Sygnum infrastructure and JPMorgan for daily NAV data. The fund is Moody's-rated, indicating a level of credibility. This launch marks a significant development in tokenized funds.

FalconX and Sygnum are partnering to launch a tokenized credit offering for institutional clients. FalconX's facility extends credit through a special-purpose vehicle, backed by overcollateralized loans. The partnership aims to provide a new credit solution for institutional clients.

Banking Circle, a MiCA-licensed firm, has launched stablecoin settlement services in Europe following its CASP approval. It enters a competitive market alongside institutions like Société Générale (SocGen), Sygnum, and a 12-bank euro stablecoin consortium.