BancaStato Launches Regulated Crypto Trading with Sygnum and Avaloq

Swiss bank BancaStato has launched regulated cryptocurrency trading through a partnership with Sygnum and banking technology provider Avaloq. This move allows clients to trade Bitcoin, Ethereum, Litecoin, and Solana directly from their existing web and mobile applications.

The integration connects Sygnum's business-to-business digital asset infrastructure directly with BancaStato's Avaloq core banking environment. Sygnum handles crypto execution and custody, while BancaStato manages the customer experience through its current banking channels.

At launch, BancaStato customers can buy, hold, and sell these four cryptocurrencies, placing market orders based on the amount of cryptocurrency or U.S. dollar value they want to trade.