Swiss cantonal bank BancaStato has introduced regulated cryptocurrency trading and custody services, allowing customers to buy, sell and hold digital assets directly through its existing online and mobile banking platforms.
The new service was launched through a partnership with digital asset bank Sygnum and banking technology provider Avaloq, giving customers access to Bitcoin (BTC), Ether (ETH), Solana (SOL) and Litecoin (LTC) without leaving the bank’s regular banking app.
📰 @BancaStato has joined Sygnum’s B2B banking platform, enabling regulated crypto trading directly through the bank’s existing Avaloq web and mobile banking channels.
At launch BancaStato clients can buy, hold and sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Solana… pic.twitter.com/2Xa3it6EwB
— Sygnum Bank (@sygnumofficial) July 23, 2026
BancaStato, which serves Switzerland’s Italian-speaking Ticino region, becomes the latest financial institution to join Sygnum’s business-to-business (B2B) banking network, which now supports more than 25 banks offering regulated digital asset services.
BancaStato brings regulated crypto trading to everyday banking
The crypto service is powered by Sygnum’s trading and custody infrastructure, which has been integrated into BancaStato’s existing Avaloq banking system.
Instead of building a separate crypto platform, the bank connected directly to Sygnum’s application programming interface (API), allowing customers to access digital assets through the same web and mobile banking services they already use.
According to Sygnum Chief B2B Officer Fritz Jost, BancaStato is the first bank using Avaloq’s software-as-a-service platform to enable customers to buy, hold and sell cryptocurrencies through Sygnum’s API. He said the integration demonstrates that regulated digital asset services can now be deployed faster and with less operational complexity than building a dedicated crypto infrastructure from scratch.
Why more banks are choosing infrastructure partners instead of building their own
Building regulated crypto services requires licensing, custody systems, trading technology and compliance frameworks that often take years to establish. By partnering with firms such as Sygnum, banks can introduce crypto products more quickly while continuing to operate within existing banking systems.
This approach also lowers development costs and allows financial institutions to expand their digital asset offerings as customer demand grows.
MiCA is making crypto banking expansion easier across Europe
The rollout also comes after Sygnum Europe secured a Crypto-Asset Service Provider (CASP) license under the European Union’s Markets in Crypto-Assets (MiCA) framework through Liechtenstein’s Financial Market Authority.
The license allows Sygnum to provide regulated crypto infrastructure to banking partners across Europe, reducing the need for each institution to obtain its own crypto operating license and build separate trading and custody systems.
As more banks seek regulated entry into digital assets, infrastructure providers with MiCA approval could play an increasingly important role in expanding crypto services across the European banking sector.
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