Sygnum Bank to Launch Tokenized Trading Platform
Sygnum digital asset bank's Launch of Tokenized Trading Platform
According to Sygnum, the new trading solution will provide a way to raise more capital, grow liquidity and ownership, and manage corporate actions. Investors will also have access to tokenized assets, mid-cap companies, venture capital firms, real estate, and art collectibles.
Investors will benefit from access to all such opportunities on Desygnate, with the assurance that all assets and issuers have been thoroughly approved by Sygnum as investors are onboarded with a fully regulated digital asset bank.
In a statement, Mathias Imbach, Sygnum’s Group CEO Designate said:
Enabling Access to Fund for SMEs
The digital asset bank’s end-to-end tokenization trading market will allow access to funding for SMEs and enable fractional trading in high-value assets including art, diamonds, and vintage cars and collectibles.
The bank with a Swiss banking license is primarily hoping to connect Switzerland’s estimated 60,000 SMEs and 45,000 new companies that are founded each year with investors. It intends to raise capital with the help of tokenization.
Sygnum further added that the settlements will be done in its Swiss Franc stablecoin, the Digital CHF (DCHF).
