Sygnum, a leading digital asset bank, has announced that its subsidiary has obtained a Virtual Asset Service Provider (VASP) license in Liechtenstein. This license marks a significant milestone for Sygnum, enabling its expansion into the European Union (EU). The VASP license authorizes Sygnum's subsidiary to provide a range of virtual asset services, including custody, trading, and lending. This expansion will allow Sygnum to offer its services to a wider client base and contribute to the growth of the digital asset ecosystem in the EU. Sygnum's CEO, Mathias Imbach, expressed his excitement about the license, stating, "This license is a testament to Sygnum's commitment to compliance and our ability to meet the highest regulatory standards. It also underscores Liechtenstein's position as a progressive hub for digital asset innovation."