Swiss bank BancaStato launches regulated crypto trading with SygnumSwiss cantonal bank BancaStato integrated Sygnum’s crypto trading and custody services into its Avaloq-powered digital banking apps for Bitcoin and other assets.
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Swiss cantonal bank BancaStato has launched regulated cryptocurrency trading services in partnership with digital asset bank Sygnum and banking software provider Avaloq. The integration allows BancaStato customers to buy, sell, and hold four cryptocurrencies—Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Solana (SOL)—directly through the bank’s existing web and mobile apps. BancaStato leverages Sygnum’s trading and custody infrastructure integrated via Avaloq’s core banking system, enabling a seamless crypto experience without requiring separate order management systems.
BancaStato becomes the first bank using Avaloq’s software-as-a-service platform to offer crypto asset services through Sygnum’s API, marking what Sygnum’s chief B2B officer, Fritz Jost, called a “significant step in the maturity and scalability of regulated digital asset infrastructure.” This launch joins over 25 financial institutions already using Sygnum’s B2B platform to provide regulated crypto services. The arrangement reduces operational complexity and facilitates adding new features to the bank’s digital offerings.
Sygnum itself recently received a crypto-asset service provider (CASP) license under the European Union’s Markets in Crypto-Assets (MiCA) regulation through its Liechtenstein subsidiary, Sygnum Europe AG. This licensing enables Sygnum to offer a regulated bank-to-bank infrastructure that other European banks can use without building their own crypto operations and licenses from scratch. While partner banks remain responsible for their regulatory compliance, Sygnum provides the necessary licensing, custody, and trading capabilities, enabling quicker timeframes from decision to live offerings.
This development matters because it demonstrates growing institutional adoption of regulated crypto services embedded directly into traditional banking platforms, enhancing customer access to digital assets while maintaining regulatory oversight and operational efficiency. It reflects broader progress in integrating compliant crypto infrastructure into established European financial institutions ahead of MiCA's regulatory framework coming fully into effect.