Sygnum

What Sygnum does

Sygnum is a Swiss-headquartered digital asset banking group founded in 2017-2018 and recognized as the world's first regulated digital asset bank following its FINMA banking license in 2019. The company operates as a vertically integrated platform spanning institutional-grade custody, 24/7 trading, crypto-collateralized lending, staking, and asset tokenization, complemented by proprietary infrastructure including Desygnate (primary issuance), SygnEx (secondary trading facility under FinMIA Article 42(a)), Sygnum Connect (24/7 instant settlement network), Sygnum Protect (off-exchange custody), Sygnum Cryo (air-gapped cold storage), and a proprietary Crypto-AML screening system. Custody is delivered with FIPS-140.2 Level 3 hardware, Multi-Party Computation, Swiss-based Tier IV data centers, and ISAE 3000/3402 certification, with assets held off-balance sheet and segregated.

The business operates from four licensed entities in Switzerland, Singapore, UAE (ADGM), and Liechtenstein (MiCAR CASP), serving 2,300+ clients across more than 80 countries with a customer base spanning high-net-worth individuals and family offices, DLT and blockchain companies, external asset managers and multi-family offices, banks and financial institutions, funds, and tokenization issuers. Revenue is generated through multiple streams: custody fees charged in basis points on AuA (approximately $6B as of end FY2025), spreads and commissions on 24/7 spot, OTC options, and FX forwards trading, interest on crypto-backed Lombard lending, staking reward retention, tokenization issuance and trading fees (Desygnate and SygnEx), and B2B platform licensing across 25+ partner banks including PostFinance, Bordier & Cie, Zuger Kantonalbank, and VZ VermögensZentrum with sub-60-day onboarding. The company has raised approximately $188M across three rounds since 2022 ($90M Series B led by Sun Hung Kai & Co., $40M growth round led by Azimut Holding, and $58M in January 2025), reaching unicorn status at a $1B+ post-money valuation.

Strategic positioning centers on regulatory-first market entry, with the firm having secured licenses in five jurisdictions (FINMA banking, MAS CMS, MAS MPIL, ADGM FSP, MiCAR CASP). The B2B banking platform is a core differentiator, embedding Sygnum's services into traditional bank infrastructure and creating a distribution layer across 200+ institutional clients on Sygnum Connect. Recent product launches include Sygnum Select (corporate crypto treasury discretionary management), FILQ (Fidelity tokenized money market fund on Desygnate), AI-agent-driven transactions, and the CHF stablecoin sandbox with major Swiss banks, indicating active expansion into tokenized money, structured credit (with FalconX), and agentic commerce.

Name

Sygnum

Legal name

Sygnum Bank AG

Website

https://sygnum.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

251–500 employees

Short description

Sygnum is a Swiss-headquartered digital asset banking group offering regulated custody, 24/7 trading, staking, lending, and tokenization services to high-net-worth clients, DLT companies, asset managers, and 25+ partner banks across Switzerland, Singapore, UAE, and Liechtenstein.

Ownership category

akta.pro rank

Product category

Digital Asset Banking

NAICS

Depository Credit Intermediation (5221), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Funds, Trusts, and Other Financial Vehicles (525), Sales Financing (52222)

SIC

Finance Services (6199), National Commercial Banks (6021), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Tokenization, Network Vaults & Credential Management (FSAGABAF)

akta.pro secondary industries

Tokenized Collateral & On-Chain Credit Infrastructure (Collateral Mgmt, Liquidations) (FSAGAMAK), Crypto-Backed Business / SME Loans (Secured) (FSADAFAH), Credit Derivatives & Structured Credit (On-Chain / Off-Chain) (FSADAFAL)

Keywords

• Digital asset banking
• Crypto custody services
• Institutional crypto trading
• Asset tokenization
• B2B banking platform

Headquarters

HQ city

Zürich

HQ country

Switzerland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Custody Services: Institutional-grade digital asset custody charged in basis points per annum depending on volume of assets held. Assets held off-balance sheet with ring-fenced segregation.
2. Trading & Brokerage: 24/7 trading for digital assets, traditional securities, fiat currencies and derivatives. Sygnum acts as counterparty for every transaction. Revenue from spreads and commissions on spot, OTC options, and FX forwards.
3. Lending & Credit: Crypto-backed lending with Lombard loans. Collateral remains client-owned, held off-balance sheet. Interest charged on daily utilised balances. Credit lines typically approved within one business day.
4. Staking Services: Staking participation in Proof-of-Stake networks within regulated custody. Rewards credited directly to client accounts. Sygnum was the world's first bank to offer Ethereum staking.
5. Tokenization Services: End-to-end tokenization services covering minting, issuance, settlement and lifecycle management. Primary market via Desygnate and secondary trading via SygnEx. Revenue from issuance fees and trading commissions.
6. B2B Platform Services: Modular plug-and-play digital asset services integrated via API for partner banks. Revenue from licensing and transaction fees from bank-to-bank platform serving 25+ partner banks.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Sygnum is a regulated digital asset banking group that provides custody, trading, staking, lending, and asset tokenization services to institutional and private clients. It also operates a B2B banking platform enabling partner financial institutions to offer digital asset services to their own customers through integrated infrastructure.

Product overview

Sygnum is a global digital asset banking group offering a comprehensive platform of regulated digital asset banking services. The core platform integrates custody, trading, staking, and lending with complementary products including Sygnum Connect (24/7 instant settlement network), Sygnum Protect (off-exchange custody), Sygnum Select (discretionary treasury management), and Sygnum B2B Banking (API-based institutional access). The tokenization ecosystem comprises Desygnate (primary issuance platform) and SygnEx (secondary trading market). Sygnum serves private clients, DLT companies, external asset managers, funds, and banks across Switzerland, Singapore, UAE, and Liechtenstein, supporting custody for over 70 tokens and trading for more than 30 digital assets.

Differentiator

Problem solved

Functional benefit

Brands

• Sygnum Connect: The first 24/7 multi-asset network with free instant settlement for fiat, crypto assets and stablecoins that eliminates counterparty and settlement risks.
• Sygnum Protect
• Desygnate
• SygnEx
• Sygnum Select
• Sygnum Cryo

Products and services

• Digital Asset Custody
• Crypto Trading
• Crypto Staking
• Crypto Lending
• Asset Tokenization
• B2B Banking Platform
• Sygnum Connect
• Sygnum Select
• Sygnum Protect

Quantifiable outcome

• Assets under Administration exceeding USD 6 billion as of end FY2025
• +4 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability1 record

Feature7 records

Partnerships

14 partnerships are on record, tiered flagship, notable, core, strategic and supporting.

• Fidelity InternationalflagshipStrategic or Co-development Partner · 6 May 2026Sygnum's Desygnate platform provided technological infrastructure for Fidelity's FILQ tokenized liquidity fund with Moody's AAA-mf assessment. JPMorgan provides daily NAV data, Apex Group serves as transfer agent, Chainlink supplies on-chain NAV figures.
• FalconXnotableStrategic or Co-development Partner · 5 May 2026Partnership to jointly launch tokenized credit product and on-chain structured credit product for institutional capital in blockchain-based credit markets. Features overcollateralized lending with real-time collateral management.
• KeyrocknotableStrategic or Co-development Partner · 14 April 2026Brussels-based crypto investment firm issued tokenized corporate bond denominated in EURC on Ethereum via Sygnum's distribution through Obligate's blockchain-based bond platform.
• Swiss Stablecoin AGcoreStrategic or Co-development Partner · 8 April 2026Swiss Stablecoin AG provides technical infrastructure for CHF stablecoin sandbox with UBS, PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank, BCV. Testing CHF-pegged stablecoin use cases through 2026.
• BNYstrategicTechnology or Integration · 16 December 2025Partnership to provide USD settlement services, enhancing Sygnum's global payment infrastructure and scaling transaction volumes by leveraging BNY's liquidity and infrastructure.
• DebifinotableStrategic or Co-development Partner · 24 October 2025Partnership to develop MultiSYG, a Bitcoin-native multi-signature lending service allowing borrowers to maintain shared control of Bitcoin collateral with distributed key management.
• PostFinancecoreChannel Partner/ Reseller/ Distributor · 16 September 2025B2B banking partnership where Sygnum provides infrastructure for PostFinance's cryptocurrency services. PostFinance launched crypto offering in February 2024 using Sygnum's platform. PostFinance is part of the Swiss CHF stablecoin sandbox consortium.
• UBScoreStrategic or Co-development PartnerPart of Swiss CHF stablecoin sandbox consortium with UBS, PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank, BCV, and Swiss Stablecoin AG. Also part of September 2025 deposit token proof of concept under Swiss Bankers Association.
• Hamilton LanecoreStrategic or Co-development PartnerCreated DLT share classes (RDLT and IDLT) in Hamilton Lane's Global Private Assets Fund ($4.9bn) enabling on-chain access to private markets. Apex Group provides operational support.
• FireblockssupportingTechnology or IntegrationConnectivity to Fireblocks platform for institutional clients to access Sygnum's banking platform and services.
• ChainlinksupportingTechnology or IntegrationInfrastructure support for tokenized products, providing on-chain NAV and distribution data for FILQ tokenized liquidity fund.
• JPMorgansupportingTechnology or IntegrationProvides daily NAV data for FILQ tokenized fund. Part of infrastructure supporting Sygnum's tokenization initiatives.
• SIX Digital Exchange (SDX)notableStrategic or Co-development PartnerSDX partnership to tokenize pre-IPO shares on blockchain-based CSD platform. Sygnum and SBI Digital Markets to provide access to pre-IPO equities for distribution.
• Swiss Bankers AssociationcoreStrategic or Co-development PartnerCoordinated September 2025 deposit token proof of concept testing legally binding interbank payments on public blockchain. Included PostFinance, Sygnum, UBS demonstrating feasibility of institutional blockchain payments.

Scale indicators10 records

Recent moves10 records

Expansion highlights7 records

Direct peers

• AMINA Bank (formerly SEBA Bank): Swiss-regulated digital asset bank offering custody, trading, lending and tokenization services to institutional and HNW clients. Closest direct competitor to Sygnum with similar product breadth, FINMA banking license, and Swiss-headquartered positioning.
• Bitcoin Suisse: Swiss-regulated crypto financial services provider offering custody, trading, lending and staking. Comparable to Sygnum in target customer (Swiss institutional and HNW) and core service set, though Sygnum differentiates with a full banking license.
• Anchorage Digital: US-regulated digital asset bank (OCC trust charter) providing institutional custody, trading, staking and tokenization. Directly comparable regulated-bank model and product mix, operating in a different geography (US-focused).
• BitGo: Institutional digital asset custody and prime brokerage with qualified custodian status. Competes with Sygnum's custody, trading and lending products for institutional clients, with strong US presence.
• HashKey Group: Hong Kong-based regulated crypto banking and exchange group with Type 1/7 SFC licenses. Comparable regulated institutional platform across custody, trading, staking and tokenization in Asia-Pacific.
• Zodia Custody: Institutional digital asset custody provider backed by Standard Chartered and Northern Trust. Directly comparable institutional custody proposition, competing for the same bank and asset manager clients as Sygnum.
• BCB Group: UK-regulated B2B crypto banking and payments infrastructure provider serving institutional clients. Comparable B2B banking-API model to Sygnum's bank-to-bank platform, focused on payments and liquidity rather than full retail banking.
• Taurus Group: Swiss digital asset infrastructure provider offering custody, tokenization and trading technology to banks and issuers. Competes with Sygnum's Desygnate and custody stack, especially in the Swiss bank-to-bank segment.

Broad incumbents

• Galaxy Digital: Diversified crypto financial services firm spanning trading, asset management, mining and digital asset custody/infrastructure. Larger and broader than Sygnum, but overlaps on institutional digital asset services.

Emerging players

• Fireblocks: Institutional digital asset custody and transfer infrastructure provider integrated into Sygnum Connect. Competes with parts of Sygnum's custody and network stack, but positioned as infrastructure/SaaS rather than a regulated bank.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/_sygnumofficial
• YouTubeyoutube.com/channel/UCqhAaoNDuB-wFH1mtZAOtLw
• LinkedInlinkedin.com/company/sygnumofficial
• Facebookfacebook.com/SygnumAG

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries3 records

Funding overview

Funding rounds5 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments16 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sygnum