Custody
What is Sygnum’s multi-custody solution?
Sygnum offers an institutional-grade multi-custody solution that fulfils the highest security standards. Our clients have access to both trading and vault wallets, with the private keys in hardware security modules (HSMs), which are located in geo-redundant high security data centres in Switzerland. Sygnum’s multi-layer security setup is audited and certified according to the ISAE 3402 standard.
What digital assets does Sygnum custodise?
Sygnum offers custody for a large and continually expanding selection of tokens. Please click here to see our current custody token list (with a link to their market prices).
Please click here for an overview of the digital assets we offer for custody, staking, trading and lending. Further tokens are available on request.
Digital assets need to pass Sygnum’s proprietary digital asset risk assessment funnel in order to be eligible for the Sygnum banking platform. Sygnum also offers custody for a Digital CHF token and is developing custody services for asset-backed tokens.
Which cryptocurrencies does Sygnum offer custody services for?
Sygnum’s range of tokens available for custody is constantly expanding. Click here for an overview of the digital assets we offer for custody, staking, trading and lending. Further tokens are available on request.
How are wallets secured at Sygnum?
Assets at Sygnum are safeguarded by a multi-layered, bank-grade security architecture combining Swiss-made security hardware, industry-leading physical and cyber security and geo-redundant Swiss data centers.
As a regulated Swiss bank, Sygnum is able to hold all client digital assets off-balance sheet. This means they are legally ring-fenced and remain fully protected and accessible in the unlikely event of insolvency.
Furthermore, our custody platform is tested regularly and independently audited and certified by an external auditor.
Within Sygnum’s banking platform, clients can hold digital assets in different wallets, including trading, vault and cold wallets, depending on how the assets are intended to be used.
All wallets operate under the same institutional custody framework and follow strict governance and control processes.
What insurance is included for funds held with Sygnum?
Esisuisse insurance covers up to CHF 100,000 on fiat deposits held at Sygnum. All crypto assets at Sygnum are held off-balance sheet and are bankruptcy remote in the unlikely case of a Sygnum insolvency. Furthermore, Sygnum has limited insurance cover against loss of digital assets, i.e., due to internal fraud.
What tokens can be staked with Sygnum?
Can digital assets be deposited to and withdrawn from a Sygnum wallet?
Yes, Sygnum accepts deposits and withdrawals for all crypto assets for which it offers custody services.
You can withdraw or make payments with digital assets by withdrawing funds from your Sygnum e-banking platform and sending them to external wallets that you own. Please note that when funds are sent to a wallet that you own for the first time, transactions need to be verified by Sygnum’s proprietary digital asset screening tool in the Client Portal. Please contact us here if you have further questions.
Please click here for an overview of the digital assets we offer for custody, staking, trading and lending. Further tokens are available on request.