{"id":44369,"date":"2021-06-15T14:18:28","date_gmt":"2021-06-15T11:18:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44369"},"modified":"2025-08-31T16:40:53","modified_gmt":"2025-08-31T13:40:53","slug":"swiss-crypto-bank-sygnum-offers-trading-and-custody-of-defi-tokens","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/swiss-crypto-bank-sygnum-offers-trading-and-custody-of-defi-tokens\/","title":{"rendered":"Swiss crypto bank Sygnum offers trading and custody of DeFi tokens"},"content":{"rendered":"<p>The Swiss-regulated crypto bank Sygnum has expanded its range of services by offering custody and trading of DeFi project tokens.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/BreakingNews?src=hash&#038;ref_src=twsrc%5Etfw\">#BreakingNews<\/a> <br \/>Sygnum Bank now offers regulated banking services for leading DeFi tokens: <a href=\"https:\/\/twitter.com\/hashtag\/Aave?src=hash&#038;ref_src=twsrc%5Etfw\">#Aave<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/Aragon?src=hash&#038;ref_src=twsrc%5Etfw\">#Aragon<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/Curve?src=hash&#038;ref_src=twsrc%5Etfw\">#Curve<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/Maker?src=hash&#038;ref_src=twsrc%5Etfw\">#Maker<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/Synthetix?src=hash&#038;ref_src=twsrc%5Etfw\">#Synthetix<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/Uniswap?src=hash&#038;ref_src=twsrc%5Etfw\">#Uniswap<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/1inch?src=hash&#038;ref_src=twsrc%5Etfw\">#1inch<\/a>, as well as stablecoin, USDC by Circle. <\/p>\n<p>\u27a1 <a href=\"https:\/\/t.co\/kyhaeZcVU9\">https:\/\/t.co\/kyhaeZcVU9<\/a><a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&#038;ref_src=twsrc%5Etfw\">#DeFi<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/digitalassets?src=hash&#038;ref_src=twsrc%5Etfw\">#digitalassets<\/a><\/p>\n<p>\u2014 Sygnum Bank (@sygnumofficial) <a href=\"https:\/\/twitter.com\/sygnumofficial\/status\/1404695550973427712?ref_src=twsrc%5Etfw\">June 15, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Sygnum has added support for Aave, Aragon, Curve, Maker, Synthetix, Uniswap and 1inch Network, as well as banking services using the stablecoin USDC.<\/p>\n<p>In the next phase, the bank will integrate yield-generating products and services from the DeFi space.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThis could be staking, borrowing, lending. Clients will have the opportunity to increase returns on capital in a low-interest-rate environment,\u201d<\/em> explained Thomas Aichenberger, head of business divisions at Sygnum Bank.<\/p>\n<\/blockquote>\n<p>According to the executive, the new products will be integrated on a single account with fiat, cryptocurrencies, digital Swiss francs and asset-backed tokens. He added that this will make the \u201cDeFi universe\u201d convenient and reliable.<\/p>\n<p>In December 2020, Sygnum <a href=\"https:\/\/forklog.com\/en\/news\/swiss-regulated-cryptocurrency-bank-sygnum-tokenised-its-shares-and-plans-to-conduct-the-first-dlt-based-ipo-among-financial-institutions\">tokenised its shares<\/a> and planned to become the first among financial institutions to conduct an <span data-descr=\"initial public offering\" class=\"old_tooltip\">IPO<\/span> based on distributed ledger technology.<\/p>\n<p>Earlier, Sygnum <a href=\"https:\/\/forklog.com\/en\/news\/swiss-crypto-bank-sygnum-gains-approval-to-trade-digital-assets\">received<\/a> approval from FINMA for primary issuance, custody, and secondary trading of digital securities.<\/p>\n<p>Wharton School of Business experts <a href=\"https:\/\/forklog.com\/en\/news\/wharton-school-defi-could-reshape-the-global-financial-system\">have recognised<\/a> the ability of DeFi to transform the global financial system.<\/p>\n<p> Subscribe to the ForkLog channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>! <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Swiss-regulated crypto bank Sygnum has expanded its range of services by offering custody and trading of DeFi project tokens to clients.<\/p>\n","protected":false},"author":1,"featured_media":44370,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,468,1316],"class_list":["post-44369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-switzerland","tag-sygnum"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=44369"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44369\/revisions"}],"predecessor-version":[{"id":44371,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44369\/revisions\/44371"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/44370"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=44369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=44369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=44369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}