PKB Private Bank partners with Sygnum Bank to launch a regulated digital asset offering

• PKB continues its pioneering tradition as one of the first banks from Lugano’s emerging crypto hub to provide a fully regulated digital asset offering
• PKB’s customers can now use their Fiat currency deposits (CHF, EUR, USD) to buy, hold and trade leading cryptocurrencies, Bitcoin and Ethereum, backed by Sygnum’s institutional-grade security
• Partnership is fully aligned with PKB’s medium to long-term strategy announced at the beginning of 2023 which strengthens client service through enhanced responsiveness and an expanded range of products and solutions

Sygnum’s B2B banking platform provides a secure, fully regulated bridge between traditional finance and digital assets. Through its partnership with Sygnum, PKB further expands its portfolio of innovative new products as well as future-proofs its platform.

PKB joins the 15+ other Swiss banks and international financial institutions already on Sygnum’s B2B platform that benefit from its modular construction and ability to flexibly align with its B2B partners’ business strategy and launch timescales.

“This partnership with Sygnum Bank, a prominent and well-established digital asset player, allows us to respond to our clients’ needs proactively, expanding our asset class offering to foster PKB’s wealth solutions”, said Luca Venturini, PKB CEO.

“To keep their competitive edge, banks need to continually expand their customer choice and embrace a future-ready mindset. Sygnum is proud to partner with PKB on their journey to Future Finance and empower their customers to invest in digital assets with complete trust”, says Fritz Jost, Sygnum Chief B2B Officer.