Swiss Cantonal Bank Brings Crypto Trading Directly Into Banking Platform
A Swiss cantonal bank has taken a significant step in crypto adoption by integrating Bitcoin, Ethereum, Solana, and Litecoin into its banking platform.
BancaStato, the state bank of the Canton of Ticino, partnered with Sygnum and Avaloq to offer clients the ability to buy, hold, and sell these digital assets through their mobile and web banking channels.
This is not a separate crypto exchange or trading platform, but rather a traditional regional bank adding digital assets as another product layer inside its existing banking infrastructure.
The assets are held off-balance sheet in Sygnum's institutional custody setup, and the integration is built on Avaloq's core banking environment.