Sygnum Bank Goes Big: Institutional-Grade SUI Custody & Trading Now Live Under Swiss Regulation
Swiss finance just got a crypto upgrade—Sygnum Bank flips the switch on regulated SUI custody and trading for deep-pocketed players.
No more sketchy offshore wallets or OTC handshakes. Institutions can now ape into Sui’s ecosystem with the same compliance comforts as traditional assets.
Why it matters: When a Swiss private bank—the guys who perfected 'neutrality' and numbered accounts—backs a Layer 1 token, even your skeptical CFO might stop eye-rolling.
The fine print: Sygnum’s move signals maturing infrastructure for altcoins beyond ETH/BTC. But let’s see if the 'regulated' stamp actually prevents the next nine-figure 'oopsie' when markets turn.
Bottom line: Another brick in crypto’s institutional dam—slowly turning the speculative flood into something resembling investable liquidity. (Your move, BlackRock.)