Sygnum scales EU client base 30 June 2026Switzerland Reporter: Matthew Challis
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Sygnum, a digital asset banking group, is scaling its EU client base through the acquisition of a Crypto Asset Service Provider (CASP) licence — authorised by the Financial Market Authority (FMA) of Liechtenstein — for its Sygnum Europe subsidiary.
The firm will leverage its banking platform, products, and operational experience across Switzerland, Singapore, and the Middle East.
According to the firm, its expansion will allow EU banks to utilise its bank-to-bank platform, enabling faster time-to-market and enhanced flexibility when launching digital asset services.
High-net-worth individuals will be able to transfer fiat, digital assets, and USDC, Circle’s US dollar-pegged stablecoin, as well as trade across a range of digital assets.
Protect, Sygnum’s off-exchange custody platform, will be offered to European institutional traders, including hedge funds, asset managers, and proprietary trading firms, with fully segregated trading and custody and client digital asset collateral held off balance sheet.
Commenting on the licensing, Simon Schneider, CEO of Sygnum Europe, says: “As traditional and digital finance increasingly converge, trust will remain Europe’s most valuable currency.
“Direct access to the European market, powered by our global banking platform, will help us bring Sygnum’s trusted, secure services to more clients across Europe.”
Thomas Eichenberger, Sygnum chief strategy officer and deputy group CEO, adds: “MiCA provides the foundation for Sygnum’s next chapter of Future Finance in Europe.
“We look forward to extending the Sygnum DNA to our growing community of clients across Europe.”
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