Sygnum Launches Institutional-Grade Validator Nodes from Abu Dhabi Global Market for Non-Custodial Staking, Starting with Solana

Sygnum Launches Institutional-Grade Validator Nodes from Abu Dhabi Global Market for Non-Custodial Staking, Starting with Solana
  • Sygnum Validators enable eligible token holders to earn staking rewards while maintaining full custody and control of their digital assets
  • Solana becomes first network supported under new service, building on Sygnum’s expertise managing validator nodes for select blockchain networks including Cosmos and Internet Computer
  • Initiative reinforces Sygnum’s commitment to securing and participating in select protocol ecosystems beyond banking services

Abu Dhabi, 16 October, 12:00 PM CET — Sygnum Bank Middle East today announces the launch of Sygnum Validators, a new service launched from Abu Dhabi Global Market (ADGM) which includes operating institutional-grade validator nodes for select blockchain net​​works that enable non-custodial staking. The first validator to launch supports the Solana network, allowing eligible SOL token holders to delegate their assets and earn rewards. This new service strengthens the ADGM’s role as a Web3 hub. Institutional-grade validator nodes are critical to the security and resilience of Web3 networks, but until now few institutions with experience in regulated environments have stepped in to provide them. Validator nodes are the backbone of blockchain networks, and Sygnum’s new service enables eligible token holders to delegate their digital assets directly to Sygnum’s validator nodes without transferring custody to Sygnum. This approach combines the security and reliability of institutional-grade infrastructure with the flexibility and control of self-custody. 

“Sygnum Validators represents our broader commitment to supporting the growth and resilience of the Web3 economy beyond regulated banking services,” said Giulia Finkbeiner-Bertoni, Senior Executive Officer of Sygnum Bank Middle East.

Lukas Doebelin, Sygnum Head of Validator Nodes & Platform Infrastructure added: “We’re making it possible for eligible token holders to benefit from our expertise in blockchain infrastructure while keeping custody and control of their assets.” 

Sygnum brings extensive experience in operating validator nodes across multiple blockchain networks, having previously managed validator nodes for Cosmos and the Internet Computer, for example. Sygnum’s participation in protocol ecosystems, and selective involvement in protocol governance, demonstrates its deep crypto-native expertise and commitment to advancing blockchain technology. 

Token holders can benefit from earning staking rewards without transferring custody of their assets, with no client onboarding necessary. By leveraging Sygnum’s institutional-grade infrastructure and security, users maintain full control and flexibility over their digital assets and help secure Web3 while earning staking rewards. 
 
The Solana validator launch marks the first in a planned series of Sygnum Validators across select blockchain networks. Token holders can begin delegating to Sygnum’s Solana validator immediately through their preferred wallet interface. 

About Sygnum
Sygnum is a global digital asset banking group, founded on Swiss and Singapore heritage. We empower professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets with complete trust. Our team enables this through our institutional-grade security, expert personal service and portfolio of regulated digital asset banking, asset management, tokenization and B2B services.

In Switzerland, Sygnum holds a banking license and has CMS and Major Payment Institution licences in Singapore. The group is also regulated in the established global financial hubs of Abu Dhabi and Luxembourg and is registered in Liechtenstein.

We believe that the future has heritage. Our crypto-native team of banking, investment and digital asset technology professionals are building a trusted gateway between the traditional and digital asset economies that we call Future Finance. To learn more about how Sygnum’s mission and values are shaping this digital asset ecosystem, please visit sygnum.com and follow us on LinkedIn and X.

Media Contact:
Dominic Castley, Chief Marketing Officer
[email protected]

Sygnum Bank AG,
Uetlibergstrasse 134a,
8045 Zurich, Switzerland

Disclaimer: The information in this publication pertaining to Sygnum Bank AG (“Sygnum”) is for general information purposes only, as per date of publication, and should not be considered exhaustive. This publication does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. This publication does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets. No elements of precontractual or contractual relationship are intended. While the information is believed to be from accurate and reliable sources, Sygnum makes no representation or warranties, expressed or implied, as to the accuracy of the information. Sygnum expressly disclaims any and all liability that may be based on such information, omissions, or errors thereof. Any statements contained in this publication attributed to a third party represent Sygnum‘s interpretation of the data, information and/or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. Sygnum reserves the right to amend or replace the information, in part or entirely, at any time, and without any obligation to notify the recipient of such amendment / replacement or to provide the recipient with access to the information. Simultaneously, there is no obligation of Sygnum to inform recipients of information, if before provided information later becomes outdated, inaccurate or obsolete, unless otherwise provided by applicable law. The information provided is not intended for use by or distributed to any individual or legal entity in any jurisdiction or country where such distribution, publication or use would be contrary to the law or regulatory provisions or in which Sygnum does not hold the necessary registration, approval authorisation or license. Except as otherwise provided by Sygnum, it is not allowed to modify, copy, distribute or reproduce, display, license, or otherwise use any content for commercial purposes.

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The information in this publication pertaining to Sygnum Bank AG (“Sygnum”) is for general information purposes only, as per date of publication, and should not be considered exhaustive. This publication does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. This publication does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets. No elements of precontractual or contractual relationship are intended. While the information is believed to be from accurate and reliable sources, Sygnum makes no representation or warranties, expressed or implied, as to the accuracy of the information. Sygnum expressly disclaims any and all liability that may be based on such information, omissions, or errors thereof. Any statements contained in this publication attributed to a third party represent Sygnum‘s interpretation of the data, information and/or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. Sygnum reserves the right to amend or replace the information, in part or entirely, at any time, and without any obligation to notify the recipient of such amendment / replacement or to provide the recipient with access to the information. Simultaneously, there is no obligation of Sygnum to inform recipients of information, if before provided information later becomes outdated, inaccurate or obsolete, unless otherwise provided by applicable law. The information provided is not intended for use by or distributed to any individual or legal entity in any jurisdiction or country where such distribution, publication or use would be contrary to the law or regulatory provisions or in which Sygnum does not hold the necessary registration, approval authorization or license. Except as otherwise provided by Sygnum, it is not allowed to modify, copy, distribute or reproduce, display, license, or otherwise use any content for commercial purposes.

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