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Sygnum’s Fatmire Bekiri Wins at AssetAwards 2025 for Pioneering Picasso Tokenization

Sygnum’s Fatmire Bekiri Wins at AssetAwards 2025 for Pioneering Picasso Tokenization

Tokenization

Sygnum is proud to announce that Fatmire Bekiri, Head of Tokenization, has won the Alternatives Category at the AssetAwards 2025, presented by Finews and Asset Rush. This award recognises the landmark tokenization of Pablo Picasso’s masterpiece Fillette au béret—a global first by a regulated bank.

Fatmire Bekiri, Head of Tokenization, Sygnum Bank, says “I’m honoured to receive this award. It is a reflection of the trust, collaboration, and resilience of those around me. Thank you to the Sygnum team, our clients and partners and all who voted for us. The tokenization of Fillette au béret was a defining moment — not just for Sygnum and the art business, but for the broader finance industry. It was a pioneering demonstration of how tokenization can unlock access to unique, high-value assets and directly connect buyers and sellers – all within a fully regulated environment under Swiss law.”

This marked the first time a Picasso painting was transformed into a tradeable, bank-grade security and broadcast on a public blockchain. Through this innovation, investors were able to purchase and trade fractional ownership in the multi-million-franc artwork for as little as CHF 5,000, fully recognised under Swiss law. The Picasso Art Security Tokens (AST) were made available on SygnEx, Sygnum’s regulated secondary market, directly connecting buyers and sellers without the need for intermediaries. The full investment cycle was completed when 60 token-holders exited their positions with a 20% return—demonstrating the viability and liquidity of tokenized art.

You can read our Picasso launch announcement here: Sygnum Bank and Artemundi tokenize a Picasso on the blockchain and about its shareholder returns here: Sale of Picasso painting tokenized by Sygnum brings significant returns for tokenholders

Since this milestone, Sygnum has continued to lead the evolution of tokenization, expanding access to high-quality investment opportunities and enhancing capital efficiency across asset classes. Key highlights from Sygnum’s tokenization journey include:

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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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 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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