🎭 When Banks and Crypto Play Nice: Sygnum & Bybit’s Secret Handshake 🤝

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Ah, mes amis, gather ’round for a tale of modern intrigue! The Swiss maestros of digital assets at Sygnum Bank have clasped hands with the crypto juggernaut Bybit to craft a symphony of security in the chaotic orchestra of crypto trading. Behold: Sygnum Protect, an off-exchange custody solution so refined that even the most nervous of institutional investors may rest their weary heads.

In this grand ballet of finance, institutions can pirouette through spot and derivatives trades on Bybit while their precious assets recline safely in the vaults of Sygnum-off-balance sheet, no less! And what’s this? Balances updated in real time? Profit and loss settled every eight hours? Sacré bleu! It is as if convenience itself has donned a powdered wig and taken center stage.

But why now, you ask? Ah, dear reader, let us not forget the recent jitters amongst our friends in the digital asset markets. Fear of counterparty risk looms large, like a shadowy figure lurking behind a velvet curtain. But fret not! For these assets shall find sanctuary under Swiss law, guarded by layers of security thicker than a nobleman’s ego and audited with all the precision of a royal accountant.

The Rise of Sygnum: A Comedy in Three Acts

Oh, how swiftly Sygnum Protect ascends the ladder of success! Already it cradles the treasures of giants such as Binance and Deribit. Now, with Bybit joining the fray, the platform boasts connections to exchanges responsible for over half of global trading volume. Truly, it is the belle of the ball, the toast of the town, the… well, you get the idea.

Dominic Lohberger, Sygnum’s Chief Product Officer (a title almost as long as his ambitions), declares with theatrical flourish: “Behold! The market clamors for bank-grade custody solutions, and we deliver!” Indeed, Monsieur Lohberger, your flair for drama rivals that of any playwright.

And what lies ahead? Automated collateral transfers, they say-a feature so efficient it might just make traders weep tears of joy. Or perhaps those are tears of relief, knowing their capital moves with grace rather than chaos.

Thus concludes our little farce, where banks and blockchains waltz together in perfect harmony-or at least something resembling it. Bravo, mes amis, bravo! 🎭💰

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2025-09-09 13:48