Sygnum Partners with Sui Foundation for Regulated SUI Token Services

Friday, Aug 8, 2025 5:08 pm ET1min read

Swiss digital asset bank Sygnum has partnered with the Sui Foundation to provide institutional-grade custody, trading, staking, and collateral-backed loans for the SUI token. This move aims to capture growing demand from banks, asset managers, and high-net-worth clients seeking compliant blockchain exposure. Sygnum holds banking and digital asset licenses in multiple jurisdictions and recently secured $58 million in a strategic growth round, reaching a valuation of over $1 billion.

Swiss digital asset bank Sygnum has expanded its offerings by partnering with the Sui Foundation to provide institutional-grade custody, trading, staking, and collateral-backed loans for the SUI token. This strategic move aims to capture growing demand from banks, asset managers, and high-net-worth clients seeking compliant blockchain exposure. Sygnum, which holds banking and digital asset licenses in multiple jurisdictions, recently secured $58 million in a strategic growth round, reaching a valuation of over $1 billion [1].

The partnership, announced on August 8, 2025, enables Sygnum to offer institutional-grade custody, spot and derivatives trading, staking, and SUI collateral-backed Lombard loans. Staking is expected to launch in the coming weeks, with loans scheduled for the fourth quarter. All SUI holdings will be kept off the bank’s balance sheet and set up to be bankruptcy remote [1].

Sygnum’s co-founder and CEO, Mathias Imbach, expressed delight about the partnership, stating that it will expand access to institutional and professional clients. Christian Thompson, managing director at the Sui Foundation, noted the significance of SUI’s integration into Sygnum’s banking platform, extending its global reach among institutional investors [2].

Sui, developed by former Meta engineers at Mysten Labs, uses parallel transaction processing to improve scalability, similar to cloud-based services. It supports decentralized finance, instant payments, real-world asset tokenization, and gaming, positioning itself early in the BTCfi segment [1].

The partnership with Sygnum is part of Sui’s broader strategy to attract institutional investors. Earlier this month, Swiss-based AMINA Bank AG made history by becoming the first regulated bank to offer institutional trading and custody for SUI. U.S.-based Mill City Ventures III., Ltd. also completed a $450 million private placement, procuring more than 76 million SUI tokens at an aggregate cost of $277 million [2].

The news of Sygnum’s partnership with the Sui Foundation has slightly impacted the token’s performance. Before the announcement, SUI was trading at $3.8, but it spiked to an intraday high of $3.88 after the announcement. At press time, SUI is trading at $3.84, representing a 24-hour increase of 2.56% [2].

References:
[1] https://www.coindesk.com/business/2025/08/08/swiss-bank-sygnum-launches-regulated-sui-custody-and-trading-for-institutions
[2] https://thecryptobasic.com/2025/08/08/sygnum-bank-launches-sui-custody-trading-staking-and-lending-services-for-institutional-clients/?utm_campaign=sygnum-bank-launches-sui-custody-trading-staking-and-lending-services-for-institutional-clients&utm_medium=rss&utm_source=rss

Sygnum Partners with Sui Foundation for Regulated SUI Token Services

Comments



Add a public comment...
No comments

No comments yet