PostFinance and Sygnum Launch New Crypto Custody Offering
If youโre a crypto enthusiast, youโll be excited to learn that PostFinance, one of the main Swiss financial institutions, has partnered with Sygnum to introduce a new crypto custody offering. This collaboration aims to provide digital asset services through Sygnumโs B2B banking platform, creating new opportunities in the crypto custody landscape in Switzerland. With over 2.5 million customers, PostFinance will become the first Swiss bank of systemic relevance to offer regulated trading and custody for 11 cryptocurrencies, including Bitcoin and Ethereum.
- Collaboration with Sygnum Bank
- B2B Banking Platform
- Regulated Trading and Custody
- Access to 11 Cryptocurrencies
Simplified Access to Digital Assets
This initiative sees PostFinance joining over 15 other Swiss banks and international financial institutions on the Sygnum B2B platform, which offers regulated digital asset services by FINMA continuously through a single and reliable API. By leveraging this collaboration, banks can make their offerings future-proof, capture a larger share of wallet from existing customers, and improve their competitive position. This launch follows Sygnumโs successful fundraising efforts and strong financial performance in 2023.
- Collaboration Benefits
- Future-Proof Offerings
- Improved Competitive Position
- Sygnumโs Strong Performance
Hot Take: Making Cryptocurrencies Easily Accessible
If youโre looking to venture into the world of cryptocurrencies, PostFinanceโs partnership with Sygnum is making it easier than ever to access digital assets. With the introduction of this new offering, you can now manage digital assets through your login or e-finance app with just a few clicks. This move signifies a significant step forward in providing secure access to cryptocurrency markets for millions of customers at low costs.
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