BancaStato Launches Regulated Crypto Trading With Sygnum
Banca dello Stato del Cantone Ticino, or BancaStato, is a Swiss cantonal bank founded in 1915 to serve the southern canton of Ticino. Its move into regulated digital assets highlights how traditional lenders are using licensed custody providers and existing core-banking infrastructure to offer crypto exposure without requiring customers to move funds to a standalone exchange.
BancaStato said on July 23, 2026, that it had joined Sygnum’s B2B banking platform, connecting the digital-asset bank’s API to its Avaloq core system and online and mobile channels. Clients can buy, hold and sell Bitcoin, Ethereum, Litecoin and Solana, with market orders entered by token quantity or US-dollar value. Sygnum will hold the assets in institutional-grade, off-balance-sheet custody. No deal value was disclosed, while Sygnum said its network now includes more than 25 banks and financial institutions.
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The history behind this eventSwiss Crypto Bank Sygnum Launches Service Targeting $100 Billion Corporate Crypto Treasury Market
Corporate crypto treasuries have surpassed $100 billion, but many companies still lack regulated asset-allocation, risk-management and hedging frameworks. Public companies hold about 1.13 million Bitcoin, while private companies hold another 287,990, worth roughly $97 billion combined. This has left a significant gap in the institutional market for professional management services.
On February 26, 2026, Swiss digital-asset bank Sygnum launched Sygnum Select, bringing the discretionary portfolio model used in traditional banking to crypto assets. The service debuted with about $200 million in assets under management and covers spot assets, staking, hedging, derivatives, tokenized securities and market-neutral strategies. It is initially available only to clients in Switzerland.
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