Sygnum integrates crypto trading into Bancastato’s online banking system

The rollout lets Bancastato customers in Ticino buy, hold and sell BTC, ETH, LTC and SOL on web and mobile without opening an exchange account.

BTC
ETH
SOL

Summary

Sygnum Bank has embedded its regulated crypto services into Bancastato’s online banking platform, enabling customers in Ticino, Switzerland to buy, hold and sell BTC, ETH, LTC and SOL through web and mobile channels without setting up a separate exchange account. The integration brings crypto trading directly into the bank’s existing digital interface and makes Bancastato the first bank operating in an Avaloq software-as-a-service environment to offer crypto trading through Sygnum’s API (application programming interface).

Terms & Concepts
  • API: Application programming interface connecting software systems
  • Avaloq software-as-a-service environment: Cloud-based banking software setup run by Avaloq