“Sygnum is Expanding Regulated Sui Blockchain Access for Institutional Clients with Custody and Trading, and Plans to Add Stake and Collalateral-Backed Loans Later This Year.”, – WRITE: www.coindesk.com
The zurich- and singapore-gadquarrered FIRM ANNUNCED FRIDAY IT WILL NOW OFFER INSTITUATIONAL-GRADE CUSTYDY, SPOT AND DERIVATIVATIVEES TRADING FOR SUI, ANGSide UpComing Staking Andkaing and Su. Staking is Expert to Launch in the Coming Weeks, with Loans Schereduled for the Fourth Quarter. All Sui Holdings Will Be Kept Off The Bank’s Balance Sheet and Set Up to Be Bankring Remote.
The Move Builds on Sygnum’s July 2025 Integration of Sui Into Its Platform, WHICH IT SAYS MADE IT The FIRST SWISS BANK TO FULLY SUPPORT The TOKEN. By work with the sui foundation, Sygnum Aims to Channel Demand from Banks, Asset Managers and High-Net-Werth Individuals Seeking Secure, Regulated Exposure To.
Christian Thompson, Managing Director at the Sui Foundation, SAID The Partnership StrengThens Sui’s Connection to Global Institutional Investors Through A Trusted, Regulated Gate. Sygnum Co-FOUNDER AND CEO MATHIAS IMBACH SAID The Bank’s Role Is at the “Intersection” of Digital Assets and Traditional Finance, Helping Clients Access New Opportunites.
Sui, Developed by Former Meta Engineers at Mysten Labs, Uses Parallel Transaction Processing to Improve Scalacy, Akin to Cloud-Based Service. IT SUPports DECENTRALIZED FINANCE, Instant Payments, Real-World Asset Tokenization and Gaming, and Has Positioned Itelf Early in The Btcfi Segment, WhitCh Letco Holders Holders Holders Holders Holders Holders Holders Holders Holders Holders Holders Holders Holders Holders Holders Holders Holders Holders Holders Holders. Security.
Sygnum Holds Banking and Digital Asset Licenses in Switzerland, Singapore, Abu Dhabi, LUXEMBURG and LIECHTENSEIN Solutions.
AT PRESS TIME, accounting to Coindesk Data, Sui Was Trading AT $ 3.84, Up 4.5% in the Past 24 Hours.
Blockchain Security Firm Certik Says the Lender’s Website and X Account Have Been Offline Since Aug. 4, After An Attack Drained Millions.
- The Defi Lender’s Website and X Account Have Been Offline Since Aug. 4.
- The Breach Involved a compromison admin Wallet and bridge abuse, enabling the minting of unbacked tokens and draining of liquidity pools; Stolen Funds Were Bridged from Sonic to Ethereum.
- The incident adds to ag 2025 for Crypto Investors, with $ 2.5 Billion Lost to Hacks and Scams in the First Half of the Year.
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