Sygnum

Crypto bank · Zurich, Switzerland

Sygnum is a Zurich bank that has held a FINMA banking and securities dealer licence since August 2019 and does nearly all of its business in digital assets. It sells custody, 24/7 trading, staking, Lombard loans and tokenisation to professional and institutional clients, together with cash accounts in over ten currencies and payments over SEPA and SWIFT. At the end of 2025 the group held about USD 6 billion in client assets for 2,300 clients in more than 80 countries and employed over 250 people. Sygnum also runs a bank-to-bank platform used by more than 25 partner banks including PostFinance, and its Sygnum Europe subsidiary received a MiCAR licence from the Liechtenstein FMA in June 2026. It does not onboard retail clients or any individual or entity from the United States.

Legal name: Sygnum Bank AG
Regulated by: FINMA (Switzerland), MAS (Singapore), FMA Liechtenstein (Sygnum Europe AG), FSRA of Abu Dhabi Global Market (UAE), Luxembourg (group entity since December 2022; Sygnum names no Luxembourg regulator or licence)
Licence confirmed: yes, on a regulator's own list
Established: 2017
Website: www.sygnum.com

Scores, 0 to 10

10.0Crypto-friendly bank

A FINMA-licensed bank built entirely around digital assets, with Binance, Bybit and Deribit connected to its Protect off-exchange custody platform, where assets grew ninefold during 2025. · source

10.0Crypto wallet and custody for a business

FINMA-licensed bank that offers DLT companies and foundations accounts in over ten currencies with integrated multi-custody for more than 40 digital assets, plus off-exchange custody linked to Binance, Bybit and Deribit. · source

10.0Bitcoin

Companies can trade, hold, send and receive BTC in bank custody and borrow against it or against mining hashrate, per its lending page in 2026. · source

10.0Ethereum

ETH custody, trading and staking sit inside its institutional custody service, and Sygnum Select mandates launched in February 2026 include staking for corporate treasuries. · source

9.5On-ramp: buy crypto with fiat

Corporate clients trade crypto 24/7 against fiat in e-banking, via API or the trading desk, with SEPA and SWIFT accounts in over ten currencies. · source

9.5Off-ramp: crypto to fiat in a business account

Sygnum accepts deposits of every crypto asset it custodies and converts to CHF, EUR, USD or SGD, with free instant fiat settlement between Connect network members since July 2024. · source

9.5Stablecoins (USDC, USDT and others)

The Sygnum Connect network settles stablecoins 24/7 between institutions and offers stablecoin minting and redemption and FX conversion as add-ons, launched July 2024. · source

7.0Europe (EU, EEA, Switzerland)

Swiss bank licensed by FINMA with EUR accounts and SEPA payments, and its Sygnum Europe subsidiary received a MiCAR crypto-asset service provider licence from the Liechtenstein FMA in June 2026, although that EU entity is not a bank and moves fiat through banking partners. · source

7.0Fintech companies that need a partner bank

Its bank-to-bank platform is live with more than 25 partner banks including PostFinance and reaches over a third of the Swiss population, but its partners are banks, not payment firms: no safeguarding account for EMIs and payment institutions, no BIN sponsorship and no correspondent banking for payment firms appear in its offering. · source

6.5Asia-Pacific (SG, HK, AU, JP, KR)

Sygnum Singapore has held a MAS Capital Markets Services licence since October 2019 and a Major Payment Institution licence since October 2023, but it is not a bank there and Sygnum has no licence in Hong Kong, Australia, Japan or Korea. · source

6.0Foreign-owned & non-resident companies

Sygnum onboards corporates, DLT companies and institutions from any country except the US and sanctioned countries, does not onboard retail clients, and opens institutional accounts in four to six weeks after documentation. · source

5.5Business cards (Visa, Mastercard)

Corporate entities can take Business or Corporate Mastercard credit cards in CHF, EUR or USD with Silver or Gold benefits, issued through Viseca, from CHF 100 a year for a Silver card and CHF 25 per additional card; no debit card is offered. · source

5.0Middle East & Gulf

Sygnum Bank Middle East has run from Abu Dhabi under an ADGM Financial Services Regulatory Authority permission since March 2023 and launched ADGM validator services in July 2025, but offers no AED accounts or mainland company current accounts. · source

5.0Cross-border payments, FX and multi-currency accounts

Cash accounts in over ten currencies with SEPA and SWIFT payments and free instant settlement between Connect members in USD, EUR, CHF and 8 or more other fiat currencies, but no published FX margins or transfer fees and no local payout rails abroad. Offers accounts in over ten currencies, API access, Lombard loans and treasury mandates for blockchain companies, including MakerDAO's USD 500 million diversification, but has no multi-country cash pooling and books everything through its Swiss entity. · source

5.0Best interest on business balances

Sygnum publishes no interest rate on fiat balances, so yield comes from staking, investment funds and access to more than 10,000 traditional securities including fixed income instruments and ETFs. · source

5.0Financial strength & stability

FINMA-supervised bank with esisuisse deposit protection up to CHF 100,000 that reached operational profitability in FY2024 and raised USD 58 million in January 2025 to bolster its balance sheet and CET1 capital, but it carries no public credit rating and publishes no balance sheet: the last third-party total-assets figure is CHF 70.83 million for 2020. · source

4.5Fast digital onboarding

The application starts online, but Sygnum states institutional clients take four to six weeks and private client accounts about two weeks, and it turns away retail clients and any US individual or entity. · source

4.5Startups & VC-backed companies

Has a dedicated DLT and corporates desk that banks blockchain companies and foundations, but offers no venture debt or cap-table products and quotes four to six weeks for institutional onboarding. · source

4.5Customer satisfaction

No meaningful public review base exists: the Trustpilot page holds 2 reviews, too few to read, and Sygnum publishes no consumer app and sits outside the FCA and CFPB complaint datasets. The score reflects an institutional client base served through relationship managers rather than any measured satisfaction. · source

4.0Accept crypto payments

Companies can receive crypto and stablecoins into custody and settle 24/7 over the Sygnum Connect network, but no checkout or invoice gateway for merchants appears on its corporate pages in 2026. · source

3.0High-risk verticals (iGaming, cannabis, adult, forex)

Sygnum publishes no policy on gambling, adult, cannabis or forex businesses; its onboarding page only excludes retail clients, US persons and sanctioned countries, so the score is conservative. · source

2.5Lowest fees

No fee schedule is published, corporate and institutional clients pay screening or account-opening fees, and private qualified investors must bring a deposit or trading volume of at least CHF 50,000. · source

2.0Online businesses: e-commerce and SaaS

The product set is custody, trading, staking, lending, tokenisation and asset management, with no acquiring, no merchant collection accounts and no marketplace payouts. The bank is built for DLT companies and institutional investors with cash accounts in over ten currencies and trading via API, and it asks private qualified investors for at least CHF 50,000; no accounting or Stripe integration exists. · source

1.0Trade, manufacturing & import-export

Sygnum lists no letters of credit, guarantees, documentary collections or supply-chain finance among its services, which cover digital asset banking, tokenisation and investment solutions. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.