Sygnum Bank Powers Regulated Crypto Services in Switzerland's Ticino Region
Switzerland's Ticino region is now home to regulated cryptocurrency services thanks to Zurich-based Sygnum Bank, which has connected its services directly to Bancastato’s online banking system. This integration allows clients in the region to buy, hold, and sell four digital assets, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Solana (SOL), without opening an account at a separate exchange.
According to Sygnum, this model reflects growing demand for regulated digital asset services that plug directly into existing banking systems. The company's Chief B2B Officer, Fritz Jost, described the integration as 'a significant step in the maturity and scalability of regulated digital asset infrastructure.'
Bancastato executive Curzio De Gottardi explained that adding digital assets broadens the bank’s existing investment offering. This approach is part of a wider shift across traditional finance, where many regional banks no longer view cryptocurrency as a standalone product competing with conventional finance.
Instead, it increasingly sits alongside foreign exchange, equities, and managed portfolios as another asset class customers expect to access from a single account. Sygnum’s business model revolves around providing the trading, custody, compliance, and settlement infrastructure that partner institutions would otherwise need to design, build, and maintain internally.