Swiss Bank Launches Regulated Crypto Trading via SygnumSwitzerland?s traditional banking system is taking another major step into the digital asset ecosystem. Banca dello Stato del Cantone Ticino (BancaStato), the primary cantonal bank serving the Italian-speaking region of Ticino, has officially rolled out regulated cryptocurrency trading and custody services for its clients.
Rather than requiring customers to navigate third-party exchanges or set up external self-custody wallets, BancaStato has embedded digital asset functionality straight into its existing e-banking and mobile banking applications. Account holders can now buy, hold, and sell major cryptocurrencies?including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Solana (SOL)?within the exact same digital interface they use for everyday savings, mortgages, and traditional investments.
The rollout relies on a technical partnership between two key players in modern banking: digital asset bank Sygnum and software giant Avaloq. By bridging Sygnum?s B2B infrastructure directly into Avaloq?s Software-as-a-Service (SaaS) core banking system, BancaStato has become the first financial institution operating on Avaloq?s SaaS platform to offer direct API-driven crypto execution and storage without adding an extra operational layer.
Direct API Integration: Eliminating Operational Friction
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