According to crowdfundinsider, Swiss cryptocurrency bank Sygnum announced that its B2B platform has successfully attracted more than 20 banks and international financial institutions to join. End customers of these institutions can now buy, hold, trade, earn and transfer cryptocurrencies in a fully regulated environment.
Sygnum's partners include PostFinance, ZugerKB, LuzernerKB, VZ Depotbank, PKB, SocGen Forge, Bordier and Bison Digital Assets. These partners cover a wide range of industries from systemically important banks to local banks, universal banks, private banks and retail financial institutions. Through Sygnum's B2B network, one-third of the Swiss population can trade cryptocurrencies in a regulated environment.
With the upcoming implementation of the Markets in Crypto-Assets (MiCA) regulation in Europe, regulated digital asset solutions are expected to grow further across the 27 countries.
