Sygnum Expands Bitcoin Services with New Office in Lugano

On October 24, COINOTAG reported that Sygnum, a prominent digital asset banking entity, has opened a new office in Lugano, the largest city in the southern Swiss region of Ticino. This strategic expansion is focused on enhancing local customer service and fostering collaboration within the thriving Bitcoin and digital asset ecosystem in Lugano, particularly in alignment with Plan ₿. This initiative promotes blockchain technology adoption within the city. The Lugano office will act as a dedicated local hub for Sygnum’s customers and partners in Ticino, offering tailored services. Sygnum’s relationship managers are set to deliver exclusive “white glove services,” ensuring seamless access to high-security custody, trading services, and crypto-backed Lombardy loans. Notably, all customer digital assets will be managed as off-balance sheet items, maintaining a shield from potential bankruptcy risks, thus enhancing overall consumer confidence in the digital banking landscape.