BancaStato Launches Regulated Crypto Trading Services via Sygnum
2026-07-23 06:05
Odaily reports that BancaStato, a Swiss cantonal bank, has launched regulated cryptocurrency trading services. The bank utilizes the systems of digital asset bank Sygnum and banking software provider Avaloq. BancaStato serves the Italian-speaking canton of Ticino in Switzerland.
By joining Sygnum's business-to-business banking platform, BancaStato has integrated Sygnum's trading and custody services into its existing Avaloq banking system. Customers can now buy, sell, and hold Bitcoin, ETH, LTC, and SOL through the bank's web and mobile banking applications.
Sygnum's B2B platform is already used by over 25 financial institutions, with its banking partners including Societe Generale-FORGE, PostFinance, and VZ Depotbank. In late June, Sygnum announced that its Liechtenstein subsidiary, Sygnum Europe AG, had obtained a license as a crypto asset service provider under the MiCA framework.
By joining Sygnum's business-to-business banking platform, BancaStato has integrated Sygnum's trading and custody services into its existing Avaloq banking system. Customers can now buy, sell, and hold Bitcoin, ETH, LTC, and SOL through the bank's web and mobile banking applications.
Sygnum's B2B platform is already used by over 25 financial institutions, with its banking partners including Societe Generale-FORGE, PostFinance, and VZ Depotbank. In late June, Sygnum announced that its Liechtenstein subsidiary, Sygnum Europe AG, had obtained a license as a crypto asset service provider under the MiCA framework.
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