Börse Express – EQS-News: Crypto subsidiary of Bison Bank collaborates with Sygnum to enter the crypto market

Bison Bank’s crypto subsidiary is partnering with Sygnum to enter the crypto market

Dynamics Group AG / Keywords: Cryptocurrency / Blockchain/Agreement

Bison Bank Crypto subsidiary partners with Sygnum to enter

crypto market

17/01/2023 / 09:00 CET/CEST

PRESS RELEASE

Bison Bank Crypto subsidiary partners with Sygnum to enter

crypto market

Lisbon/Zurich: 17 January 2023 – Bison Digital Assets managed by Banco

de Portugal licensed crypto subsidiary of Bison Bank, is a

The collaboration with Sygnum Bank to handle regulated

Custody and trading services for digital assets i

to enter the global crypto market.

* The strategic partnership strengthens Bison Bank’s plan, a

Bridge between traditional finance and digital assets

to create by offering end customers of Bison Digital Assets the practical

Buy, sell and hold cryptocurrencies such as Bitcoin (BTC) and

Ether (ETH) activated

* Sygnum’s B2B platform offers Bison Digital Assets the fast,

modular access to Sygnum’s full range of regulated

Digital Asset Services

* Bison Digital Assets is Sygnum’s first European B2B banking customer

and one of 15 banks already using the platform.

Bison Digital Assets, the crypto subsidiary of Bison Bank, announces a

strategic partnership with Sygnum that enables their end customers to

Cryptocurrencies like Bitcoin (BTC) and Ether (ETH) fast and cheap

to buy, sell and hold. This is what the offer from Bison does

Digital assets future-proof and allow the managed

To increase existing customers’ asset share and additional market shares

to access the global crypto market.

Bison Digital Assets is the first “Virtual Asset Service Provider” (VASP)

in Portugal 100% owned by a bank and managed by

Portuguese supervisory authority Banco de Portugal. bison

Digital Assets is also one of the few VASPs in Europe.

Bison Bank uses Bison Digital Assets to manage digital assets from

Keep customers safe and a regulated bridge between

beats traditional and crypto finance worlds. The partnership with

Sygnum is part of the strategic goal of providing best-in-class services to

active crypto investors, institutions and high net worth individuals (HNWI)

to offer.

Sygnum’s B2B banking already enables 15 partners, one regulated

Footprint for digital assets under their own brand

create and maintain full control over their customer relationships.

This expanded offering is supported by robust compliance processes

Sygnum and Bison’s digital assets are supported. The operational efficiency of

Sygnum, as well as the ability to off-sell clients’ crypto assets

Keeping a balance sheet will help minimize risk.

António Henriques, Bison Digital Assets’ CEO, commented: “Financial institutions

must adhere to the highest regulatory, compliance and security standards

teams if they offer cryptocurrencies to their customers. We are proud

looking forward to working with Sygnum and their crypto expertise and

Track record to leverage as we take our first steps into the market

do for digital assets.”

“Banks’ ability to innovate and options for their customers

Continuous expansion is the key to being competitive and

to remain sustainable. Our B2B platform makes this possible in the shortest possible time

time and with full compliance for Bison Digital Assets. It is a

another trusted hub in the expanding European

crypto ecosystem and we look forward to working with banks and

Bank backed VASPs enabling their end customers

invest in cryptocurrencies with confidence,” said Sygnum’s Fritz Jost

Chief B2B Officer.

— THE END —

About Bison Digital Assets:

Bison Digital Assets is the first Virtual Asset Service Provider licensed by

Bank of Portugal, wholly owned by a Portuguese bank. Our goal is to

bridging cryptocurrency and traditional finance through a secure and regulated

environment. Bison Digital Assets is a virtual asset platform for

Individuals and institutions owned by Bison Bank, offering a reliable

service for this new asset class. The product range consists of Storage

and exchange of digital assets.

Media contact:

Diogo Bras, Chief Crypto Business Officer

T: +351 91 625 34 24

Email: dbras@bisonbank.com

About Sygnum

Sygnum is the world’s first digital asset bank and a

Specialist with global reach. With the Swiss banking license from Sygnum

Bank AG and the authorization to provide services on the capital market

(Capital Market Services, CMS) by Sygnum Pte. Ltd activated in Singapore

es Sygnum institutional and private qualified investors,

Companies, banks and other financial institutions, with full confidence in

investment in digital assets. Sygnum runs an independent

controlled, scalable and future-proof regulated banking platform.

Sygnum’s interdisciplinary team, consisting of experts in banking,

Investments and Distributed Ledger Technology (DLT), actively shape

Developing a trusted ecosystem for digital assets.

The company is based on the Swiss and Singaporean tradition

financial center and operates worldwide. To learn more about Sygnum,

please visit www.sygnum.com.

Press contact:

Dom Castley

Telephone: +41 58 508 21 01

E: [1]dominic.castley@sygnum.com

Sygnum Bank AG

Uetlibergstrasse 134a

8045 Zurich

Switzerland

1. mailto:dominic.castley@sygnum.com

Legal notice and disclaimer: This document was created by

Sygnum Bank AG established. It may contain forward-looking statements, and

the statements therein are subject to change at any time. that

Opinions expressed herein are Sygnum Bank AG, its

Subsidiaries and partners at the time of writing. The document

are for informational purposes only and contain general statements. It is only

intended for the recipient. It does not constitute advice, no offer and no

Request from Sygnum Bank AG or on behalf of Sygnum Bank AG for

Purchase or sale of assets or securities The document

is not and should not be taken as a general guide for investments

used for informational purposes only. When you have to make an investment decision

you should either do your own research and analysis or do it yourself

seek advice from an expert to ensure fair advice in all circumstances

To make a decision. The information in this document

and analyzes are compiled from sources believed to be reliable

was considered. However, Sygnum Bank AG assumes no responsibility for theirs

reliability or completeness and disclaims responsibility for any loss

as a result of the use of this information.

In case of doubt, the original English report is legally binding.

End of media releases

1536239 17.01.2023 CET/CEST

AXC0079 2023-01-17/09:00

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