Swiss banking group Sygnum launched the first integration with the Avaloq SaaS platform, allowing banks to embed regulated cryptocurrency trading into their existing web and mobile banking applications without deploying a separate order management system. BancaStato became the first bank to adopt the new model.
Sygnum, a global banking group focused on digital assets, announced that BancaStato, the bank of Switzerland’s Ticino canton, connected to its B2B platform. To support the rollout, Sygnum integrated its digital asset infrastructure with the Avaloq banking SaaS platform, which financial institutions use to manage core banking systems and digital service channels.
BancaStato can now offer regulated cryptocurrency trading directly through its existing online banking channels. The bank’s clients can buy, hold, and sell BTC, ETH, LTC, and SOL using the same web and mobile banking applications they already use. Market orders can be placed either for a specific amount of cryptocurrency or for a specified amount in U.S. dollars.
A key feature of the initiative is that banks can integrate crypto trading without connecting a separate order management system (OMS). Trading orders are routed directly from the Avaloq infrastructure through Sygnum’s B2B API. This architecture reduces the number of systems involved, lowers operational complexity and implementation costs, and simplifies the expansion of trading functionality and risk management tools.
Institutional-grade custody infrastructure provided by Sygnum secures clients’ digital assets. It includes hardware and software security measures, multi-layered controls, formal governance procedures, and independent external audits. Digital assets will be held off the bank’s balance sheet in compliance with applicable legal and regulatory requirements, providing additional protection in the event of the bank’s insolvency.
The API integration model implemented by BancaStato between Sygnum and the Avaloq platform could also be adopted by other Swiss banks.
In late June 2026, Sygnum’s European subsidiary received a Crypto Asset Service Provider license in Liechtenstein under the Markets in Crypto Assets regulation (MiCA). Sygnum’s B2B network includes more than 25 banks and international financial institutions, including PostFinance, Zuger Kantonalbank, SocGen FORGE, Bordier, Incore Bank, Bergos, PKB, Bison Bank, and VZ VermögensZentrum.
Sygnum also continues to expand its crypto services in Switzerland. The company joined a group of Swiss financial institutions that launched a sandbox for testing a Swiss franc-pegged stablecoin. It is also exploring tokenization and using DLT infrastructure to simplify access to financial data.
