WHO IS SYGNUM?
Sygnum is the world’s first Digital Asset Bank, founded on Swiss and Singapore heritage, operating globally.
"Sygnum has taken up the challenge to develop a modern banking solution integrating DLT to design a new form of digital assets as Tokens and to enable the secure and compliant storage of client’s Tokens." – Luka Müller, Chairman, Co-Founder and Partner, MME
WHAT DOES SYGNUM DO?
Sygnum empowers institutional and private qualified investors, corporates, banks and other financial institutions to invest in the digital asset economy with complete trust.
It does this through its portfolio of traditional banking services for digital assets such as Bitcoin and Ethereum, Digital CHF and asset tokens that is secure, regulated and seamlessly integrated in one account.
Together with its partners, Sygnum is shaping the development of a trusted digital asset ecosystem to accelerate industry growth and realise its potential.
"Sygnum really stands out with their vision to build the underlying infrastructure for the token economy. Given the team's experience in finance, traditional technologies and DLT, I believe they are the best people to realize the mission." – Loi Luu, Advisor, Co-Founder and CEO, Kyber Network
WHY WAS SYGNUM FOUNDED?
Sygnum has been granted a glimpse of the massive potential of DLT with the rise of digital assets such as Bitcoin and Ethereum. We believe that we are only at the beginning, and that DLT will be increasingly used for a wide range of financial services applications including the tokenization of financial assets, physical assets, and over time, anything of value.
Sygnum was founded to connect today’s high potential, but largely unregulated digital asset industry to the regulated world of traditional finance. Weaving together these two realities will help accelerate institutional adoption of digital assets. And this will make markets more efficient and transparent - and create a world where people can have more control, freedom and trust - and ultimately more direct access to ownership and value.
Our mission is to empower everyone with direct access to ownership and value.
"I believe Sygnum will bring its clients access to the revolutionary benefits of DLT in a trusted, legal and regulated environment. The founders setting up in Switzerland and Singapore is a commitment to that vision." – Patrick McGoldrick, Advisor, Executive Director, RNT Associates International
WHO ARE THE FOUNDERS AND SUPPORTERS OF SYGNUM?
Sygnum was founded by an experienced and interdisciplinary team of professionals, and is backed by a distinguished group of individuals and institutions.
Our core team has expertise in the financial industry in both Switzerland and Singapore, including backgrounds in banking, asset management, legal and compliance, venture capital and private equity, as well as DLT and entrepreneurship.
Our board of directors' industry knowledge and experience in major financial institutions ensures strong corporate governance in-line with global financial services best practices.
Our advisors have shaped industries and regulations both in Switzerland and in Singapore. Each of our advisors contributes in a significant manner to the success of Sygnum and supports the team in driving DLT banking innovation and shaping future strategy.
Together with our partners, we are building a digital asset ecosystem addressing key pain points associated with the adoption of DLT into financial services, as well as creating initiatives to realise its significant potential.
Together, we have a clear and common vision of how to leverage DLT to impact and transform the financial industry in the coming years.
"Sygnum uniquely marries "democratised" financial services with compliance based on DLT. Co-creating from two leading financial services centers, Switzerland and Singapore, and partnering in both with the two largest telecom companies is consistent with the logic of the underlying "distributed" technology. Moreover, Sygnum means a team of founders, leaders and partners aiming at a tokenized paradigm shift for targeted clients. I'm thrilled to be part of this team." – Gabriela Maria Payer, Director, Founder, PAYERPARTNER
WHAT IS THE TRUSTED DIGITAL ASSETS ECOSYSTEM?
We are convinced that no single start-up, incumbent financial institution, association or technology solution can unilaterally pave the way from mainstream awareness to mainstream adoption of DLT-powered financial services. We believe that shaping the development of a digital ecosystem with trusted partnerships, fuelled by relentless client focus, will accelerate industry and community growth and enable impact.
Together with our current partners Swisscom, Deutsche Börse Group and Custodigit, Sygnum aims to build a digital asset ecosystem addressing the key pain points of the industry: Secure access and storage of digital assets; safe and seamless issuance and efficient settlement of digital assets; a methodical and practical approach to integrate digital assets into today's regulatory frameworks, particularly addressing compliance challenges such as those related to money laundering.
WHERE IS SYGNUM LOCATED?
Sygnum is located in Zurich, Switzerland, and Singapore.
The decision to seek regulatory compliance in Switzerland and Singapore is first and foremost a strategic one, as the two countries are globally recognised as established and trusted banking hubs. Both jurisdictions have set stringent standards for the financial institutions operating within them, and these standards are a mark of credibility which is particularly critical in this frontier space of digital assets.
Switzerland is representative of stellar banking heritage and emblematic of the quality and trust that Swiss banks command globally. While Singapore, as a hub of fintech and innovation, forms the ideal base to pursue growth opportunities in Asia. It is the combination of these two strategic locations that will set the platform for Sygnum’s future growth.
"With its dual domicile strategy Sygnum leverages both complementarities and similarities of these two outstanding financial centers: centrally located in two of the world's most attractive economic geographies, Switzerland and Singapore share political stability with strong rule of law, high levels of ambition and productivity as well as a longstanding commitment to excellence and innovation." – Dr. Peter Wuffli, Director, Founder and Chairman, elea Foundation
WHO ARE SYGNUM'S POTENTIAL CLIENTS?
Potential Sygnum clients include institutional and private qualified investors, corporates, banks and other financial institutions.
HOW WILL YOU DIFFERENTIATE YOURSELF FROM OTHER FINANCIAL TECHNOLOGY AND BLOCKCHAIN COMPETITORS?
We believe there are three areas where we are powerfully different to other digital asset banking solutions.
Firstly, our portfolio of regulated banking services is seamlessly integrated and available as one solution – from same day trading settlements to tokenized securities and in the future, innovative digital asset investment products. Sygnum is bringing traditional banking convenience and simplicity to digital assets – all underpinned with institutional-grade security.
Secondly, Sygnum has its own independently controlled, future-proof banking solution. We have the agility to configure secure infrastructure, operations and services to meet a diverse range of client needs at will. This means Sygnum can test and launch new services as opportunities arise, scale up projects at speed and provide banking experiences that are intuitive and cutting edge.
And thirdly, at Sygnum we believe in collaboration, not competition, and networks, not barriers. Sygnum is shaping the development of a trusted digital asset ecosystem with leading infrastructure providers such as Swisscom and financial infrastructure providers such as Deutsche Borse Group. Through these strategic partnerships, Sygnum is able to deliver ambitious projects, operate globally at scale, and set new standards in DLT for financial services.
"Blockchain / DLT allows the creation of new forms of digital information, which has the same access and transfer functionality as a property right: the Token. The Token allows an efficient interaction between ecosystem participants which reduces transaction costs and balance sheet exposure." – Dr. Luka Müller, Co-Founder & Chairman
DOES REGULATING DECENTRALIZED PROTOCOLS MAKE SENSE?
We appreciate the transformative power and usefulness of DLT. But decentralization is not a panacea. On one hand, rules and regulations have been put in place for a reason – in most cases to protect the investor. This must continue. On the other hand, DLT is a trust and security engine that provides a great degree of control. Because of this, certain rules may become redundant, but not all of them.
Because we believe we are in a period of consolidation and transition, we seek to both maintain and uphold high regulatory standards and support their evolution as they embrace digital assets. Future has heritage.
"I'm proud to be member of an institution that shapes a digital ecosystem to process digital assets in a fully regulated, trusted environment." – Johannes Höhener, Director, Head of FinTech, Swisscom