Sygnum’s Crypto-TradFi bridge rakes CHF multi-billion in client demand

Rick Steves

“Continually expanding choice is key to our client-centric service approach. Complementing our core crypto offering with traditional securities is another example of how the future has – and needs – heritage to keep pace with the evolving needs of institutional investors.”

In a significant stride towards harmonizing the world of traditional finance with the digital asset economy, Zurich-based Sygnum, the world’s first digital asset bank, has announced substantial growth in its traditional securities offering. The financial institution has raked in CHF multi-billion in client demand, pointing to a burgeoning appetite for a bridge between traditional and crypto assets.

This initiative by Sygnum, enabled by their proprietary Crypto-TradFi bridge, offers a fresh lifeline to cryptocurrency foundations and other large asset holders looking to diversify their portfolios and manage treasury risks. The bank’s holistic approach lets clients effortlessly shift between liquid crypto positions and more than 10,000 traditional securities, including fixed income products, global equities, and ETFs and ETPs from top-tier asset managers like BlackRock and Vanguard.

Sygnum is tokenizing traditional securities

“Continually expanding choice is key to our client-centric service approach. Complementing our core crypto offering with traditional securities is another example of how the future has – and needs – heritage to keep pace with the evolving needs of institutional investors,” said Martin Burgherr, Sygnum Chief Clients Officer.

Sygnum’s foray into a blended asset ecosystem comes at a pivotal moment as the world grapples with the lingering impact of COVID-19, elevated inflation rates, and a complex geopolitical climate. These factors have driven interest rates higher, making it an opportune time for crypto investors to pivot towards yield-generating traditional assets.

Moreover, Sygnum is taking another bold step in tokenizing these traditional securities. By bringing these assets “on-chain,” Sygnum aims to lay the foundation for a new, fully tokenized financial ecosystem that offers benefits such as higher-speed transactions at lower costs and minimized counterparty risks.

Signs of Sygnum’s upward trajectory are hard to ignore. Not only has the bank surpassed its total trading volumes from 2022 as early as September 2023, but it has also seen a tripling of Net New Money (NNM) compared to the same period last year. Furthermore, its B2B banking platform hosts millions of customers from over 15 banks, including PostFinance and Zuger Kantonalbank, marking significant market multipliers for its future growth.

Sygnum’s latest move serves as compelling evidence that the lines between crypto and traditional finance are not just blurring but could potentially merge into a seamless, highly-efficient landscape that is both scalable and transparent. In offering an integrated portfolio that spans both realms, Sygnum is proving that “Future Finance” isn’t merely a buzz phrase but a tangible paradigm shift in how assets are managed and traded.

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