BancaStato adds regulated crypto trading and custody through Sygnum

Swiss cantonal bank BancaStato has integrated Sygnum’s crypto trading and custody services into its Avaloq-powered digital banking apps. The rollout gives clients access to Bitcoin and other digital assets through the bank’s existing banking interface.

BancaStato adds regulated crypto trading and custody through Sygnum

What happened?

Swiss cantonal bank BancaStato has integrated Sygnum’s crypto trading and custody services into its Avaloq-powered digital banking apps. The rollout gives clients access to Bitcoin and other digital assets through the bank’s existing banking interface.

Why it matters

The development adds another example of a traditional bank offering regulated crypto access through established banking infrastructure. For users, it means digital asset services can be accessed inside familiar banking apps rather than through separate crypto-only platforms.

Swiss cantonal bank BancaStato has integrated Sygnum’s crypto trading and custody services into its Avaloq-powered digital banking apps, allowing customers to access Bitcoin and other digital assets through the bank’s platform.

The development adds another example of a traditional bank offering regulated crypto access through established banking infrastructure. For users, it means digital asset services can be accessed inside familiar banking apps rather than through separate crypto-only platforms.

The integration also highlights the continued role of banking technology providers such as Avaloq in connecting financial institutions with crypto service providers. It reflects growing demand among banks to expand product offerings while keeping the service structure tied to regulated partners.

Sygnum, which provides crypto banking services, is supplying the trading and custody layer for the rollout. The setup positions BancaStato to offer crypto exposure within a framework that remains embedded in its digital banking environment.

Source: Cointelegraph

Keep exploring

Related stories

US spot Bitcoin ETFs extend inflow streak toward $1 billion

US spot Bitcoin ETFs extend inflow streak toward $1 billion

US spot Bitcoin ETFs took in $69 million on Wednesday, extending their inflow streak to seven sessions. Total inflows over that stretch are now approaching $1 billion.

Read
SEC settles Coinbase suit over missing text messages

SEC settles Coinbase suit over missing text messages

The SEC has settled a Coinbase-related case tied to missing text messages from Chair Gary Gensler. The matter followed a watchdog report that said avoidable errors led to the loss of nearly a year of messages.

Read
Senator Lummis says ethics and other provisions in crypto Clarity Act will be discussed further

Senator Lummis says ethics and other provisions in crypto Clarity Act will be discussed further

Senator Cynthia Lummis said ethics and other parts of the crypto Clarity Act are still being discussed. The remarks suggest the bill’s final shape remains open as lawmakers work through its details.

Read