Sygnum Bank Expands Services with SUI Integration

Sygnum Bank, which achieved unicorn status earlier this year, has formally announced the integration of SUI, the native token of the Sui blockchain, into its suite of offerings. The Swiss-regulated financial institution revealed that it would extend custody, trading, staking, and treasury services for SUI to its institutional clientele. In addition, the bank aims to draw broader attention to the digital asset and strengthen the overall Sui ecosystem. Sygnum is also serving as the official banking partner of the Sui Foundation, further cementing its involvement in the blockchain’s growth strategy.

The integration of SUI into Sygnum’s regulated banking platform was confirmed by both the bank and the Sui team. This move provides institutional clients with secure and compliant access to various blockchain-based financial services. According to industry observers, such a development is expected to enhance the scalability of the Sui ecosystem in global finance and move Web3 technologies closer to institutional adoption. Supporters of the initiative view it as a step toward broadening the protocol’s reach while strengthening its credibility in the regulated finance space.

Sygnum has indicated that being the banking partner of Sui allows it to extend regulated access to the ecosystem, opening new pathways for professional and institutional investors. Leadership at the Sui Foundation has expressed confidence in Sygnum’s capabilities, pointing to the bank’s crypto-native expertise, comprehensive regulatory compliance, and trusted infrastructure as critical factors in selecting it as a strategic partner.

Looking ahead, Sygnum Bank plans to roll out staking capabilities and Lombard loans for SUI. These services are expected to contribute further to the asset’s expansion by offering more ways for clients to engage with the token. Sygnum’s co-founder and Group CEO, Mathias Imbach, has emphasized the bank’s role as a bridge between the digital asset sector and the traditional regulated financial ecosystem. He noted that supporting the Sui Foundation aligns with the bank’s strategy of connecting innovation with institutional-grade compliance and infrastructure.

This partnership comes on the heels of Sygnum’s July 2024 launch of “Sygnum Connect,” a service for institutional investors that facilitates instant fund settlement across digital assets, fiat currencies, and stablecoins. The product offers capabilities such as delivery-versus-payment transactions, on-demand Lombard loans, foreign exchange conversions, and the minting and redemption of stablecoins.

Rising Institutional Support for SUI

SUI has recently gained significant traction, especially following the U.S. presidential election in November 2024. One of the most notable endorsements came from AMINA Bank AG, another Swiss financial institution regulated by FINMA, which became the first bank globally to offer custody and trading services for SUI. AMINA’s approach mirrors Sygnum’s focus on providing early, compliant access to emerging blockchain technologies ahead of widespread market adoption. While staking for SUI remains inactive at AMINA, it is expected to go live in the coming months.

Investor interest in SUI is also reflected in several ongoing exchange-traded fund (ETF) initiatives. These include applications from Canary Capital and 21Shares, as well as the token’s inclusion in Bitwise’s crypto index ETF. Such developments, combined with partnerships with regulated institutions like Sygnum and AMINA, are seen as pivotal in positioning SUI for broader market recognition and adoption.

With regulated banking partners now actively supporting the token, SUI appears to be strengthening its foothold in both the crypto and traditional finance arenas, paving the way for deeper institutional involvement in its ecosystem.