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Sygnum Opens Lugano Office, Launches Bitcoin Program to Support Regulated Bitcoin Products

Sygnum Opens Lugano Office, Launches Bitcoin Program to Support Regulated Bitcoin Products

Bitget2024/10/24 13:13
BTC-0.92%

On October 24th, Sygnum, the digital asset banking group, announced the opening of a new office in Lugano, the largest city in the canton of Ticino and the Italian-speaking part of southern Switzerland.

The move is aimed at expanding client services and enabling cooperation with the Bitcoin and digital asset ecosystem based in Lugano and Plan ₿, an initiative launched by the city of Lugano to promote the use of Blockchain technology.

Sygnum's Lugano office will serve as a local access point for Sygnum's Ticino clients, prospects and partners.Sygnum's relationship managers provide 'white glove service' and allow local access to the bank's high-security escrow, transaction and crypto-backed Lombardy loans, as well as a range of other services from one partner. At Sygnum, all client digital assets are 'off-balance sheet' and thus safe from insolvency.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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