Swiss financial institutions Sygnum Bank and Incore Bank have announced an expanded strategic partnership aimed at scaling and future-proofing B2B digital asset banking services.
The collaboration builds on a relationship dating back to 2019, with Incore Bank already providing regulated custody and brokerage services for Sygnum’s traditional securities and asset management products.
Under the new agreement, Incore will integrate Sygnum’s modular digital asset platform, granting its network of banks, fintechs and corporates early access to new crypto products and infrastructure.
“Sygnum’s B2B infrastructure provides the security, scalability, and flexibility that the industry needs,” said Fritz Jost, chief B2B officer at Sygnum Bank. “Being ‘Future Ready’ is essential as the market accelerates, and we are proud to support Incore in expanding their digital asset offering.”
Both banks were among the first in Switzerland to receive regulatory approval from FINMA for digital asset services. Their combined networks are expected to play a key role in broadening trusted access to crypto assets and integrating them into the wider economy, the firms said.
Mark Dambacher, CEO of Incore Bank, added: “This move strengthens Incore Bank’s digital asset offering and expands our universe of crypto products for our extensive community.”
