Swiss Bank BancaStato Launches Regulated Crypto Trading Through Existing Apps

Swiss bank BancaStato has partnered with Sygnum and Avaloq to offer regulated cryptocurrency trading through its existing banking applications. This integration makes BancaStato the first Avaloq SaaS bank to provide API-based crypto trading services.

With this new service, clients can buy, hold, and sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Solana (SOL) directly through their existing web and mobile applications. Sygnum provides the regulated trading and institutional custody, while Avaloq keeps digital and traditional assets together.

According to Curzio De Gottardi, head of BancaStato's Products and Services Division, 'We are proud to partner with Sygnum Bank on this strategic initiative.'