Opinion Leaders
Crypto Trading is expanding
-
Fritz Jost,
Chief B2B Officer
Sygnum
Regulated crypto trading directly within web and mobile banking channels continues to expand. With the addition of the Ticino Cantonal Bank, more than 25 other banks and international financial institutions are now connected to the largest B2B platform.
Banca dello Stato del Cantone Ticino is a Swiss cantonal bank serving the Canton of Ticino in southern Switzerland, founded in 1915. The bank uses the Avaloq platform for its core banking system and digital banking channels in a Software-as-a-Service (SaaS) model. Via its integration with Sygnum’s B2B platform, the bank offers its clients regulated access to a range of cryptocurrencies directly within its existing Avaloq web and mobile banking applications.
At launch, BancaStato clients can buy, hold and sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Solana (SOL). Market orders can be placed by quantity or USD value via e-banking and mobile apps.
Full regulatory compliance
Operations are executed using Sygnum’s B2B API, enabling native purchase or sale directly via Avaloq systems using existing secure infrastructure. Because the streamlined setup does not require a separate Order Management System (OMS), cost and complexity are reduced, and trading features can be flexibly adapted to support risk management.
BancaStato client assets are safeguarded in Sygnum’s institutional-grade multi-layer custody solution, which features hardware and software controls, strict governance processes and independent external audits. All client assets are held in full regulatory and legal compliance off-balance sheet, providing additional protection for clients in the event of a bankruptcy.
Buy, hold and sell crypto
We are proud to welcome BancaStato to our fast-growing B2B network, which illustrates the growing demand for Sygnum’s regulated, API-driven digital asset services that integrate directly into existing core banking systems. BancaStato, becoming the first bank on Avaloq’s SaaS environment to enable clients to buy, hold and sell crypto via API with Sygnum directly from within its e-banking platforms, marks a significant step in the maturity and scalability of regulated digital asset infrastructure.
BancaStato further expands the depth and breadth of Sygnum’s B2B network in the Ticino region of southern Switzerland. Sygnum already empowers over a third of the Swiss population to own digital assets with complete trust through their partner banks.
