Sygnum Overview

Sygnum is the world’s first regulated Digital Asset Bank, founded on Swiss and Singapore heritage, operating globally. On 23 September 2019, twenty days after its Swiss banking and securities dealer came into full force, Sygnum Bank AG digitally onboarded its first customers and recorded its first customer transactions on the two most important public blockchains, Bitcoin and Ethereum. With this, Sygnum proved that digital assets are bankable, trusted and convenient, and empowered its clients to invest in the digital asset economy with complete trust. The following month, on 31 October, Sygnum Pte Ltd in Singapore announced that it had obtained a capital markets services (CMS) licence from the Monetary Authority of Singapore (MAS), offering a range of asset management products for institutional and private qualified investors. Sygnum then became the first digital asset specialist to be regulated in both Switzerland and Singapore.

For the first time with Sygnum, major currencies and digital assets, including Bitcoin, Ethereum and digital CHF and asset tokens are seamlessly integrated in one account.

Sygnum Bank have become the first regulated Swiss bank to launch a digital stablecoin (DCHF) pegged to the Swiss Franc (CHF). For every DCHF minted, Sygnum will store the equivalent sum of fiat currency as collateral in the Swiss National Bank.