Sygnum Brings Crypto Services to Nu Global Users in Switzerland Expansion

Sygnum, a Swiss bank, has partnered with Nu Global to offer crypto services to its users. Nu Global is a high-yield account that allows for fast and free transfers to over 35 countries.

Nu Global currently serves more than 140 million customers across Brazil, Mexico, and Colombia, and will now expand into Switzerland and other international markets through this partnership.

Sygnum's bank-to-bank platform, which already reaches a third of the Swiss population through partner banks, will handle crypto conversion, trading, stablecoins, and custody for Nu Global users.

A Swiss bank guarantee from Sygnum covers the assets of Nu Global users under Swiss rules. The partnership is expected to make Sygnum one of Europe's largest crypto bank networks by 2027.