According to BlockBeats, on July 11, cryptocurrency bank Sygnum announced the launch of its 24/7 multi-asset instant settlement network, Sygnum Connect. The network is designed to provide fiat, digital assets, and stablecoin trading settlement services for institutional investors, liquidity providers, stablecoin issuers, brokers, and specific trading platforms.

Sygnum Connect aims to streamline and expedite the trading process by offering round-the-clock services. This development is expected to enhance the efficiency of transactions and provide a more seamless trading experience for all involved parties. The network's multi-asset feature allows for a diverse range of transactions, further broadening the scope of trading possibilities.

This announcement marks a significant step forward for Sygnum in its mission to improve and innovate within the cryptocurrency banking sector. By providing a comprehensive and efficient trading settlement service, Sygnum is positioning itself as a key player in the digital asset trading landscape.