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Abstract:recently, one of Switzerland’s leading financial institutions, PostFinance, joins forces with Sygnum to offer digital asset banking services.
About PostFinance
PostFinance is a financial institution based in Switzerland that provides banking and financial services to individuals, businesses, and institutional customers. It is a subsidiary of the Swiss Post and is regulated by the Swiss Financial Market Supervisory Authority (FINMA).
About Sygnum Bank
Sygnum is a digital asset bank based in Switzerland that provides a range of banking services for digital assets, such as cryptocurrencies and tokenized assets. It is the first digital asset bank to receive a full banking and securities dealer license from Swiss authorities. Sygnum offers custody, trading, lending, and capital-raising services for digital assets, as well as payment and settlement services.
According to the report, PostFinance partners with digital asset bank Sygnum to offer its customers a range of regulated digital asset banking services via Sygnums B2B banking platform.
Response from Both Sides
Philipp Merkt, Chief Investment Officer of PostFinance Ltd, says:
“Digital assets have become an integral part of the financial world, and our customers want access to this market at PostFinance, their trusted principal bank. A reputable and established partner like Sygnum Bank with an excellent service offering is more important than ever.”
Fritz Jost, Chief B2B Officer, Sygnum Bank, says:
“Our all-in-one B2B banking platform enables our fifteen-plus B2B partner banks to expand their range of regulated digital asset services at scale and speed. We are pleased to empower PostFinance to deliver institutional-grade digital asset services to their customers. We are committed to continuously drive further innovation and positive change for the industry and our partner banks customers.”
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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