Key Highlights
- •Sygnum becomes the first European digital bank to integrate USD settlements with BNY Mellon.
- •This partnership bridges traditional finance and blockchain, enhancing institutional crypto operations.
- •Clients gain access to faster, compliant cross-border payments and tokenized asset settlement rails.
Sygnum Bank has announced a strategic partnership with BNY Mellon (NYSE: BK) to provide USD settlement services. This collaboration marks a significant milestone as Sygnum becomes the first European digital bank to establish such a relationship with a global financial institution. The partnership enables Sygnum to integrate its blockchain-native operations with BNY Mellon's established payment infrastructure, offering institutional clients seamless access to both fiat and digital asset settlement capabilities.
📣 News: Sygnum is First European Digital Asset Bank to Work with @BNYglobal on USD Settlement Services
▪ Direct access to @BNYglobal’s liquidity and infrastructure benefits Sygnum’s institutional clients via extended fiat payment capabilities and additionally robust payment… pic.twitter.com/qGatVEquwy
— Sygnum Bank (@sygnumofficial) December 11, 2025
Bridging Traditional Finance and Blockchain
Through this initiative, Sygnum is empowered to extend its institutional-grade digital asset services, which include tokenization, custody, staking, and trading. This is achieved by leveraging BNY Mellon’s extensive liquidity and global infrastructure. The integration allows clients to efficiently manage cross-border payments for cryptocurrencies and tokenized assets, reduce transaction times, and maintain settlement reliability, even during periods of high-volume activity.
“This partnership highlights the growing convergence of blockchain and traditional finance,”
said Martin Jost, COO of Sygnum.
“By connecting digital assets with regulated financial rails, we are enabling a new standard of secure and efficient settlement for institutional investors.”
Carl Slabicki, Executive Platform Owner at BNY Mellon, added:
“Extending our USD clearing capabilities into the blockchain ecosystem via Sygnum supports faster, more transparent cross-border flows for professional clients.”
Accelerating Institutional Crypto Adoption
This collaboration underscores the increasing regulatory maturity within the digital asset sector. It also highlights Sygnum’s pivotal role as a bridge between blockchain ecosystems and traditional finance. By combining BNY Mellon’s robust payment networks with Sygnum’s crypto-first infrastructure, institutional clients gain scalable and compliant access to tokenized assets. This enhances liquidity management and operational efficiency across multiple jurisdictions.
This strategic move positions Sygnum and BNY Mellon at the forefront of institutional crypto adoption. It signals a growing integration of blockchain technologies into regulated financial systems and offers a viable model for bridging traditional finance with next-generation digital asset solutions.
Further reinforcing its market position, Sygnum previously completed an oversubscribed $58 million Strategic Growth Round. This funding round elevated its valuation to over $1 billion, officially making it a crypto “unicorn.” The round, announced on January 14, was led by Bitcoin-focused venture capital firm Fulgur Ventures, with significant participation from both new and existing investors, as well as Sygnum’s own team members.