Sygnum launches service targeting $100B corporate crypto treasury market

Sygnum launches service targeting $100B corporate crypto treasury market

The Swiss crypto bank will handle strategic asset allocation for corporate crypto treasuries and is already actively managing $200 million in volume at launch.

Global digital asset banking group Sygnum has announced the launch of an institutional crypto asset management service targeting the $100 billion corporate crypto treasury sector.

Sygnum Select, launched on Thursday, is described as a “discretionary mandate service” that applies Swiss banking’s established portfolio management model to crypto assets. 

The service launches with live client mandates, client assets, and $200 million in actively managed portfolios already in place, a Sygnum spokesperson told Cointelegraph.

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