Swiss cantonal bank BancaStato now offers regulated trading of Bitcoin, Ethereum, Litecoin and Solana directly inside its own web and mobile banking apps. The service runs on Sygnum’s digital asset infrastructure, and client crypto stays in Sygnum’s regulated custody rather than on the bank’s balance sheet.
BancaStato has launched regulated cryptocurrency trading through a partnership with Sygnum, letting customers buy, hold and sell Bitcoin, Ethereum, Litecoin and Solana inside the bank’s existing web and mobile banking channels. The bank built the service by integrating Sygnum’s digital asset infrastructure into its Avaloq banking platform, so clients reach crypto without a separate app.
Trading Runs Inside Existing Banking Channels
Customers place market orders using either cryptocurrency quantities or their preferred fiat value, managing traditional investments and digital assets through one interface. Sygnum runs the trading execution and provides institutional-grade custody for the service. Client assets stay in Sygnum’s regulated custody rather than on BancaStato’s balance sheet.
According to Sygnum Chief B2B Officer Fritz W. Jost, BancaStato is the first bank on Avaloq’s software-as-a-service environment to offer API-based crypto trading through Sygnum within its e-banking platforms. Because the setup is API-based, it removes the need for a separate order management system, so the bank keeps its existing risk and compliance processes.
Sygnum’s Bank Network Widens in Switzerland
Curzio De Gottardi, Head of Products and Services at BancaStato, said the partnership combines traditional financial products with regulated digital assets on one platform. The move adds BancaStato to Sygnum’s business-to-business network, which now supports more than 25 banks and financial institutions including PostFinance, Zuger Kantonalbank, Bordier & Cie, and SocGen FORGE.
The launch follows Sygnum Europe’s operational start under its Crypto-Asset Service Provider license in Liechtenstein, which lets the firm supply regulated digital asset infrastructure across the EU and EEA under the MiCA framework. For Switzerland, it deepens a market where established banks increasingly reach crypto through regulated partners rather than building the infrastructure themselves.
Source: Live Bitcoin News
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