Swiss State Bank BancaStato Launches Regulated Crypto Trading and Custody Services

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The Swiss state bank BancaStato has launched regulated cryptocurrency trading and custody services for clients in the Canton of Ticino. Using Sygnum and Avaloq systems, customers can trade Bitcoin, ETH, LTC, and SOL via web and mobile apps. Sygnum’s B2B platform is already used by more than 25 financial institutions, including Société Générale-FORGE and PostFinance. In late June, Sygnum Europe AG, its Liechtenstein subsidiary, obtained a MiCA-compliant crypto license. ETH news underscores the growing integration of major cryptocurrencies into institutional-grade platforms.

Swiss cantonal bank BancaStato has launched regulated cryptocurrency trading and custody services for clients in the Swiss canton of Ticino, powered by Sygnum and Avaloq. Customers can buy, sell, and hold Bitcoin, ETH, LTC, and SOL via web and mobile applications. Sygnum’s B2B platform is already used by over 25 financial institutions, including banking partners Société Générale-FORGE, PostFinance, and VZ Depotbank. In late June, Sygnum announced that its Liechtenstein subsidiary, Sygnum Europe AG, has received a license as a crypto asset service provider under the MiCA framework.

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