Sygnum, the pioneering digital asset banking group, has officially opened a new office in the Plan ₿ HUB in Lugano, Switzerland. This strategic move aims to better serve clients in the Ticino region and strengthen ties with the growing Bitcoin and digital asset community.
With the new facility, Sygnum plans to provide a range of tailored services for local clients, including:
- One-on-One Relationship Management: Personalized support from dedicated relationship managers.
- High-Security Custody: Enhanced security measures for safeguarding digital assets.
- Sophisticated Trading Capabilities: Advanced trading options for various digital assets.
- Crypto Lombard Loans: Access to loans backed by cryptocurrency holdings.
Importantly, all client assets will be recorded off the balance sheet, mitigating risks associated with potential bankruptcy.
The opening of this office aligns with Lugano’s ongoing commitment to becoming a hub for blockchain technology. The city has already implemented measures allowing residents to pay municipal taxes using Bitcoin and has fostered an environment conducive to digital asset adoption.
Sygnum’s Chief Client Officer, Martin Burgherr, expressed enthusiasm about the expansion, emphasizing the region’s supportive atmosphere for digital innovation. Mayor Michele Foletti welcomed Sygnum’s presence, highlighting Lugano’s ambition to be at the forefront of financial transformation through blockchain technology.
Coinciding with the opening, Sygnum has launched the Bitcoin@Sygnum initiative, aimed at fostering relationships within the Bitcoin ecosystem and promoting research and product development related to Bitcoin. This initiative is set to enhance collaboration between Sygnum and local stakeholders during events like the upcoming Plan ₿ Forum on October 25-26.
