Swiss Bank Sygnum Launches Regulated SUI Custody and Trading for Institutions

2 weeks ago

Sygnum, a Swiss integer plus bank, is expanding regulated organization entree to the Sui blockchain with caller custody, trading and lending products for its nonrecreational clients.

The Zurich-based steadfast announced Friday it volition present connection institutional-grade custody, spot and derivatives trading for SUI, alongside upcoming staking and SUI collateral-backed Lombard loans. Staking is expected to motorboat successful the coming weeks, with loans scheduled for the 4th quarter. All SUI holdings volition beryllium kept disconnected the bank’s equilibrium expanse and acceptable up to beryllium bankruptcy remote.

The determination builds connected Sygnum’s July 2025 integration of SUI into its platform, which it says made it the archetypal Swiss slope to afloat enactment the token. By moving with the Sui Foundation, Sygnum aims to transmission request from banks, plus managers and high-net-worth individuals seeking secure, regulated vulnerability to blockchain ecosystems.

Christian Thompson, managing manager astatine the Sui Foundation, said the concern strengthens Sui’s transportation to planetary organization investors done a trusted, regulated gateway. Sygnum co-founder and CEO Mathias Imbach said the bank’s relation is astatine the “intersection” of integer assets and accepted finance, helping clients entree caller opportunities wrong a regulated framework.

Sui, developed by erstwhile Meta engineers astatine Mysten Labs, uses parallel transaction processing to amended scalability, akin to cloud-based services. It supports decentralized finance, instant payments, real-world plus tokenization and gaming, and has positioned itself aboriginal successful the BTCfi segment, which lets bitcoin holders enactment successful DeFi without compromising security.

Sygnum holds banking and integer plus licenses successful Switzerland, Singapore, Abu Dhabi, Luxembourg and Liechtenstein, and offers services including regulated banking, plus management, tokenization and B2B solutions.

At property time, according to CoinDesk Data, SUI was trading astatine $3.84, up 4.5% successful the past 24 hours.

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