Sygnum looks to future and launches NFT issuance, consulting and custody

Sygnum, the world’s first digital asset bank, today launches a suite of specialised NFT services targeting professional creators, the ever-growing Web3 community as well as its banking clients.

  • Institutional-grade platform combining NFT concept advisory, NFT issuance and a fully-compliant NFT launchpad
  • Paving the way for corporates, associations, brands and artists to enter the NFT space and build and engage their Web3 communities with complete peace of mind
  • For its banking clients, Sygnum seamlessly embeds NFT custody in its bank-grade custody offering and all-in-one account solution

Sygnum NFT is an institutional NFT platform targeted at major corporates, sports clubs and associations, consumer brands and leading artists looking to explore the enormous potential of NFTs to revolutionize digital community engagement as well as the monetization of brand and intellectual property rights.

Unlike existing NFT platforms that offer partial solutions, the Sygnum NFT platform enables creators to conceive, issue and sell NFTs to their customer, community or fan base with complete trust and in full compliance with applicable legal, regulatory and tax provisions. It also streamlines a range of complex challenges, including tax and balance sheet treatments, crypto-to-fiat conversions as well as technological hurdles.

Sygnum NFT provides a simplified, non-technical experience to creators by offering them an end-to-end solution comprised of strategy, issuance, distribution and collection management. Creators benefit from the ability to flexibly receive and store sale proceeds in both fiat and cryptocurrencies[1] as well as Sygnum’s in-depth digital asset and blockchain expertise and track-record of launching services with robust legal and regulatory frameworks.

NFT buyers, be it first-time or experienced buyers, enjoy full peace of mind knowing that Sygnum has vetted every issuer and only allows curated content on its platform. To simplify the experience for first-time buyers, NFTs can be purchased via their credit card or crypto[2] with zero gas (transaction) fees.

Alongside the launch of Sygnum NFT, Sygnum also introduces bank-grade NFT custody services for its banking clients. Leveraging Sygnum’s purpose-built multi-custody platform, clients benefit from a highly-secure, yet conveniently accessible storage solution for their high-value NFTs. NFTs deposited to Sygnum custody are screened with Sygnum’s best-in-class crypto-AML tool and seamlessly integrated into clients’ all-in-one e-Banking account.

says: Sygnum NFT represents the first step in “opening up” trusted services to the broader communities outside the Sygnum banking environment. “This initiative is further testament to Sygnum’s unique value proposition of being a technology company with a banking licence, pioneering solutions built on future-proof technology and in full compliance with applicable laws and regulations“.

Thomas Eichenberger, Sygnum Bank Head of Business Units

References:

[1] Sale proceeds are accepted in USD, EUR, CHF and SGD and any crypto protocols offered by Sygnum Bank
[2] Crypto payments are planned and not available at launch

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About Sygnum

Sygnum is the world’s first digital asset bank, and a digital asset specialist with global reach. With Sygnum Bank AG’s Swiss banking licence, as well as Sygnum Pte Ltd’s capital markets services (CMS) licence in Singapore, Sygnum empowers professional and institutional clients or qualified investors (e.g., corporates, banks, and other financial institutions) to invest in the digital asset economy with complete trust. Sygnum operates an independently controlled, scalable, and future-proof regulated banking platform. Our interdisciplinary team of banking, investment, and Distributed Ledger Technology (DLT) experts is shaping the development of a trusted digital asset ecosystem. The company is founded on Swiss and Singapore heritage and operates globally. To learn more about Sygnum, please visit www.sygnum.com.

Media Contact:
Dom Castley
T: +41 58 508 21 01
E: [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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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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