“Can a FINMA-licensed Swiss digital asset bank become the institutional-grade infrastructure layer — settlement network, B2B banking rails, and regulated lending — for the global digital asset ecosystem?”
Founded in 2017 as a FINMA-licensed Swiss bank purpose-built for digital assets, Sygnum has evolved from a direct institutional crypto bank into a full-service B2B digital asset banking infrastructure provider. While it continues to serve institutional investors directly with custody, lending, and asset management, its B2B banking division now white-labels these capabilities to 20+ partner banks globally. The launch of Sygnum Connect in late 2024 signals a further pivot toward becoming settlement infrastructure for the institutional digital asset ecosystem, competing with crypto-native clearing networks.
Sygnum's crypto products run on Fireblocks.
The Embedded Finance Index 2026 maps 2 layers in Sygnum's stack: Lending (Digital asset-backed Lombard loans (BTC, ETH, and other crypto collateral), Overdraft facilities in CHF, EUR, USD against crypto collateral, Hashrate-backed loans for green crypto miners, Bitcoin-backed syndicated loans (institutional) and 1 other); Crypto (Fireblocks).
Sygnum is founded in 2017 and headquartered in Zurich, Switzerland.
Sygnum has raised $246.3M in total.
Get a read on where your own stack stands against Sygnum and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.