Sygnum is the world’s first digital asset bank and a digital asset specialist with a global reach. The company’s B2B banking platform is an integrated digital asset solution encompassing the technical infrastructure and compliance as a service, research and sales education, and access to a broad range of digital asset products.
Driven by increasing client demand, Bordier & Cie SCmA, a leading Swiss private bank founded in 1844, has expanded its private banking services to include digital assets through a partnership with Sygnum Bank, leveraging the latter’s B2B banking platform. Sygnum’s all-in-one digital asset solution is seamlessly integrated with Bordier’s existing infrastructure. At this stage, clients of Bordier can now buy, hold, and trade cryptocurrencies on an execution only basis. They can trade Bitcoin, Ethereum, Bitcoin Cash and Tezos, with the highest level of security and compliance provided by a Swiss regulated bank. The offering will be extended as clients become more at ease with the simplicity of the new service.
With seamless integration and a modular set-up, Bordier was able to design, customise and implement their own secure digital asset offering with a short time to market less than 60 days. Sygnum provided the digital asset specialist expertise and an all-in-one, market-ready B2B banking platform, including the safekeeping of private keys, selection of and connectivity to liquidity providers, digital asset AML and transaction monitoring. This new integration aims to simplify the transactional process for clients, providing them with the option to invest in the asset class at their own convenience and eliminating the need for multiple channels.
“Bordier continues its 177-year tradition of safeguarding clients’ wealth for future generations by offering the ‘next generation’ of assets to its clients. Bordier’s timeless values and Sygnum Bank’s vision for Future Finance is a powerful combination in the changing financial landscape,” adds Mathias Imbach, Sygnum Bank’s Group CEO.