PostFinance joins forces with Sygnum to offer digital asset banking services

About PostFinance

PostFinance is a financial institution based in Switzerland that provides banking and financial services to individuals, businesses, and institutional customers. It is a subsidiary of the Swiss Post and is regulated by the Swiss Financial Market Supervisory Authority (FINMA).

About Sygnum Bank

Sygnum is a digital asset bank based in Switzerland that provides a range of banking services for digital assets, such as cryptocurrencies and tokenized assets. It is the first digital asset bank to receive a full banking and securities dealer license from Swiss authorities. Sygnum offers custody, trading, lending, and capital-raising services for digital assets, as well as payment and settlement services.

According to the report, PostFinance partners with digital asset bank Sygnum to offer its customers a range of regulated digital asset banking services via Sygnums B2B banking platform.

Response from Both Sides

Philipp Merkt, Chief Investment Officer of PostFinance Ltd, says:

“Digital assets have become an integral part of the financial world, and our customers want access to this market at PostFinance, their trusted principal bank. A reputable and established partner like Sygnum Bank with an excellent service offering is more important than ever.”

Fritz Jost, Chief B2B Officer, Sygnum Bank, says:

“Our all-in-one B2B banking platform enables our fifteen-plus B2B partner banks to expand their range of regulated digital asset services at scale and speed. We are pleased to empower PostFinance to deliver institutional-grade digital asset services to their customers. We are committed to continuously drive further innovation and positive change for the industry and our partner banks customers.”