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

END

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 Zürich
Switzerland

Disclaimer

This document is purely for educational purposes and has been issued by Sygnum Group. It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a marketing communication. It does not constitute an offer or a recommendation to subscribe, purchase, sell or hold any security or financial instrument. It contains the opinions of Sygnum Group, as at the date of issue. These opinions and the information contained herein do not take into account an individual‘s specific circumstances, objectives, or needs. No representation is made that any investment or strategy is suitable or appropriate to individual circumstances or that any investment or strategy constitutes personalized investment advice to any investor. Therefore, you must verify the above and all other information provided in the document or otherwise review it with your external advisors. Some investment products and services, including custody, may be subject to legal restrictions or may not be available worldwide on an unrestricted basis. The information and analysis contained herein are based on sources considered as reliable. Sygnum Group uses its best efforts to ensure the timeliness, accuracy, and comprehensiveness of the information contained in this document. Nevertheless, all information indicated herein may change without notice.

Read next article

Local restrictions – Provision of cross-border services

It looks like you are using a computer with an IP address located outside of Switzerland.
If you are located in Switzerland, please click “Continue” to access the Sygnum Bank AG (Sygnum) website.

If you are not located in Switzerland, please read below.

This website and the information contained herein are addressed solely to persons residing or domiciled in Switzerland.

Sygnum is a regulated bank supervised by the Swiss Market Financial Authority (FINMA). The products and services on this website are authorised in Switzerland. Sygnum cannot promote its products and services in other countries where it is not authorised by the supervisory authority of that country to do so.

If you click on “Continue” to visit this website, you confirm that you have read and understood the above and you are visiting this website on your own initiative without any active promotion or solicitation from Sygnum.

Investor qualification

The following content is available to qualified investors. Please confirm your details below to visit this page, or please see our other digital asset updates here.

Security alert

Stay alert to fraudulent communications. Sygnum will never post messages on social media or private messaging applications regarding e-banking access or logins. If you have concerns, contact us.

Close