Over the years, crypto has been largely driven by ideology. That part is fading. What is taking its place is a slow, very useful project: rebuilding parts of the financial system using blockchain.
For banks and institutions, attitudes have changed. Storage is not just about storage. It’s about connecting the asset to the entire financial system in a fast, consistent, and usable way.
Opinions of the company Sygnum Bank they live in the middle of the transition. That is why they are chosen as the Best Digital Asset Custody Provider at BeInCrypto 100 Institutional Awards 2026.
Storage Is Not Storage Anymore
Sygnum Bank has gone beyond the original savings strategy. Instead of seeing the responsibility of keeping a child as a depository, they see it as part of financial support.
In a recent interview with BeInCrypto’s Global Head of News, Brian McGleenon, Sygnum CIO Fabian Dori made the change clear. He said security is no longer a major problem.
“The key to providing a secure solution was one of the first challenges. So far, it’s been largely resolved in organizations. The real challenge here is integration – connecting storage with additional services.”
This shows how Sygnum works.
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Sygnum was founded in 2017 and now serves more than $5 billion in customer products, more than $1 billion in assets, and more than 2,000 customers in four locations.
| It was established | 2017 |
| Total Client Assets | $5B+ |
| Accumulated Load (AUC) | $1B+ |
| Customers | 2,000+ |
| Authority | 4 |
| Calculate the cost | $1B+ |
They stayed the first digital bank to receive a full license to sell banking and securities from FINMA in 2019. Today, it operates under the laws of Switzerland, Singapore, Abu Dhabi, and Luxembourg.
Its Protect off-exchange custody platform exceeded $1 billion in March 2026, with 900% annual growth. Market maker Wintermute is one of his clients.
The bank also pushed for stability and regulation.
In December 2025, Sygnum became the first European digital bank to work with BNY Mellon for USD transactions.
Through his own Designate the platformhas shown real world content on multiple networks. These include stakes in Hamilton Lane’s $4.9 billion investment fund Polygon, and Fidelity International’s zkSync Era investment fund.
It also facilitated the private equity financing with Float and Fasanara Capital.
On the financial side, his BTC Alpha Fund raised more than 750 BTC within four months and has delivered around 15% annual returns since its inception.
Business transactions through The platform grew more than 1,000% in 2024powered by its infrastructure to support more than 20 banks.
Creating Digital Tools for Use
Customer behavior is also changing. Dori said institutional clients are not satisfied with having property carelessly. They want to use it.
The Sygnum brand is built around that change. Customers can access storage, rental, and productivity solutions through a single channel, without moving assets across multiple platforms. The goal is to keep everything within a controlled environment and still allow money to be spent.
Another issue the bank is trying to tackle is fragmentation.
Blockchains remain siloed. Different networks, standards, and systems create friction. Dori’s idea is that clients don’t have to deal with these problems directly.
“What we want to offer is the opportunity to connect. Behind the scenes, we use different systems and tools to overcome the divide.”
This method becomes important when symptoms develop.
Statistics show that the market could reach billions of dollars by the year 2030. When this happens, the problem will not be building new chains. It will enable them to work together in a way that organizations can use.
Sygnum’s approach is straightforward. Hide problems. Maintain strong compliance. Create digital assets for use within the existing financial system.
The technology is already here. The real work now is to connect it.
A note BeInCrypto 100 Institutional Awards Nomination: Sygnum Bank for Best Digital Asset Custody Provider appeared for the first time BeInCrypto.
