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Sygnum hits $1 billion milestone with off-exchange crypto custody

Sygnum hits $1 billion milestone with off-exchange crypto custody

Sygnum hits $1 billion milestone with off-exchange crypto custody

The Zurich-based digital asset bank said on Wednesday that assets on its Protect platform – launched only in 2024 – have surged, driven by rapid adoption among both crypto-native firms and traditional finance players.

Trading volumes have increased as market participants look to remain active during periods of heightened volatility – but without holding assets directly on public crypto exchanges.

Off-exchange, within a regulated banking framework

According to Sygnum, collateral volumes on the platform rose by more than 900 percent in 2025, with momentum continuing into this year. The platform enables clients to hold assets…

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