BancaStato Integrates Regulated Crypto Trading into Digital Banking
BancaStato has expanded its digital banking services by integrating regulated cryptocurrency trading through Avaloq's Software-as-a-Service (SaaS) core banking environment.
The partnership with Sygnum, a digital asset banking group, enables customers to buy, hold and sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Solana (SOL) directly through their existing banking applications.
The implementation has removed the need for a separate Order Management System (OMS), reducing operational complexity while supporting faster product enhancements and improved risk management capabilities.