Breaking News
Sygnum Bank Announces SUI Support for Clients on the Back of Serving as Banking Partner to Sui Foundation
Sygnum, a global digital asset banking group, today announces a variety of accessible custody, trading, and lending solutions for layer-one cryptocurrency, SUI, broadening access for professional and institutional clients to the Sui ecosystem. Sygnum’s regulated product portfolio and bank-grade infrastructure provides Sui with a trusted gateway to tap into the accelerating inflows from financial institutions, banks, asset managers and High Net Worth Individuals (HNWI).
SUI is fully integrated into Sygnum’s banking platform. Regulated services include institutional-grade digital asset custody, spot and derivatives trading, staking and Sui collateral-backed Lombard Loansii, complemented by a broad range of traditional securities.
“Broadening institutional access to the Sui ecosystem further expands Sui’s reach to the global institutional investor community,” said Christian Thompson, Sui Foundation Managing Director. “Sygnum’s crypto-native team, end-to-end regulated offering and trusted infrastructure make them our ideal banking partner as we continue to build and scale.”
“We’re pleased to be a banking partner for the Sui Foundation and expand access to professional and institutional investors via Sygnum, a regulated bank”, said Mathias Imbach, Sygnum Co-Founder and Group CEO. “Sygnum’s unique understanding of digital assets sits at the intersection of the rapidly converging digital asset and regulated financial ecosystems. We are excited to support the Sui Foundation in developing the future-proof, opportunity-ready treasury it needs to continue its growth trajectory.”
Sui, developed by a team of former Meta engineers at Mysten Labs, is designed to deliver crypto’s decentralised benefits with the ease and familiarity of today’s internet. The Sui blockchain processes activity in parallel, making it highly scalable in the same way as Cloud services. Sui supports a wide range of applications, including DeFi, instant payments, Real-World Asset (RWA) tokenization and gaming. It is also an early leader in BTCfi (Bitcoin Finance) where it enables Bitcoin owners to engage with DeFi and earn, lend, and trade without compromising security.
Through Sygnum SUI Banking Solutions, professional and institutional investors can access secure, regulated services to engage with the rapidly growing Sui ecosystem.
- Why Customers Trust Bueno for Digital Insurance | Felix Hughes, Director at Bueno Read more
- Binance Users Can Now Effortlessly Convert Crypto and Withdraw Funds to their Mastercard Read more
- Thread Bancorp, Inc. Welcomes Marty Miracle as Chief Digital Officer to Drive Scalable, Compliant Embedded Banking Innovation Read more
- ADX Welcomes Thndr as Its First Remote Retail Trading Member Read more
- Clip Introduces the New Device Clip Ultra, Consolidating Its Position as Mexico’s Leading Digital Commerce Platform Read more