Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq

HomeNEWSSwiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq NEWS Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq BancaStato has become the latest Swiss bank to offer regulated bitcoin trading through its existing banking apps via Sygnum's infrastructure. By Micah Zimmerman July 23, 2026 Share FacebookXLinkedinReddItEmailTelegramCopy URL Prefer us on Google Download App Download App BancaStato, the cantonal bank of Ticino in southern Switzerland, has launched regulated crypto trading, a service that lets clients buy, hold, and sell bitcoin from the bank’s existing web and mobile apps, the digital asset bank Sygnum said on Thursday. The bank connected Sygnum’s application programming interface to its Avaloq core banking system and digital channels, a setup that places bitcoin trading inside the same apps clients use for traditional accounts. At launch, clients can trade bitcoin (BTC) and other crypto with market orders placed by quantity or U.S. dollar value. Bitcoin sits at the center of the offering, a pattern across the wave of European banks that have added crypto services. BancaStato clients gain exposure to the asset through a regulated channel rather than a standalone exchange, and their holdings rest in Sygnum’s custody rather than on the bank’s own balance sheet. Sygnum said client assets are held in an institutional-grade, multi-layer custody solution built on hardware and software controls, governance processes, and independent external audits. The firm said all client assets are held off-balance sheet in regulatory and legal compliance, a structure meant to shield holdings if the bank enters bankruptcy. The point matters for bitcoin holders, since a bearer asset kept off the balance sheet stays separate from the claims of a failed institution’s creditors. The integration runs on Sygnum’s B2B API without a separate order management system, an approach the firms said cuts cost and complexity. “BancaStato, beco…

Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq

Coins in this story

Related stories

Arbitrum-based AFX Trade drained of $24 million after bridge keys compromised

XRP whales accumulate as small holders capitulate

Bitcoin wilts as oil and rates rise. Clarity Act odds tumble to 38%