Latest news with #SygnumBank
Yahoo
a day ago
- Business
- Yahoo
SBI VEN CAPITAL INVESTS €1 MILLION IN COLOSSUS DIGITAL'S BRIDGE ROUND
ROME, June 13, 2025 /PRNewswire/ --The investment was made through SBI Ven Capital's joint fund with Sygnum Bank and Azimut Group, which aims to accelerate the rollout of Colossus Digital's Institutional Hub, a two-sided B2B marketplace, that connects regulated custodians with top-tier validators for staking and governance. Strategic highlights Investment Amount: €1,000,000 (Seed Investment) Lead Investor: SBI Ven Capital, through its joint fund with Sygnum Bank and Azimut Recipient: Colossus Digital Purpose: Scale Institutional Hub, enhance custody-to-staking workflows, expand global client base Institutional adoption fuels the deal 86 % of institutional investors already have—or plan to gain—digital-asset exposure in 2025, underscoring growing demand for secure custody and staking rails. Staking-as-a-service platforms are forecast to surge as institutions seek compliant, yield-generating strategies. Quotes Eiichiro So, CEO & Managing Director, SBI Ven Capital: "Colossus Digital has built the missing bridge between regulated custodians and the Yield Providers. Our €1 million commitment is a vote of confidence in their Institutional Hub and in the broader institutionalisation of digital assets."Lorenzo Barbantini Scanni, Co-Founder & Chief Revenue Officer, Colossus Digital: "SBI's backing accelerates our mission to make staking, governance, and interaction with Yield Providers as seamless as a custody transaction. Together we will deliver the tooling banks, asset managers, and exchanges need to capture on-chain yield, without compromising compliance." About Colossus Digital Headquartered in Rome, Italy, Colossus created the Institutional Hub, the only B2B marketplace enabling Digital Asset Holders to access staking, governance, and DeFi protocols natively from custody. The Hub enables native transactions in a safe, compliant and verifiable way across 25+ chains and multiple validators. Users can visit for more details. About SBI Ven Capital SBI Ven Capital, the Singapore subsidiary of Japanese financial services conglomerate SBI Group, through its joint fund with Sygnum and Azimut Group brings together the collective digital assets experience and network of the three founding partners to accelerate the growth of promising digital asset companies. The joint fund is an early-stage fund that aims to back best-in-class digital asset companies across Southeast Asia, Hong Kong, Taiwan, Australia and Europe. Users can visit for more details. Forward-looking statements This release may contain forward-looking statements. Actual results could differ materially due to market conditions, regulatory changes, and other risk factors. Key takeaway SBI Ven Capital's €1 million seed investment positions Rome-based Colossus Digital to become the institutional standard for custody-native staking, riding a wave of record institutional crypto adoption. Contact:Head of Marketing & CommunicationIlaria PelosiColossus Digitalilaria@ Photo: View original content to download multimedia: SOURCE SBI Ven Capital
Yahoo
05-06-2025
- Business
- Yahoo
Bitcoin Liquidity Crunch Points to Fresh Volatility as New Cycle Builds: Sygnum Bank
Bitcoin's BTC circulating supply is thinning out with an estimated 30% drop in liquid BTC over the last 18 months, a steep drain that could set the stage for potential upside volatility in the coming months, a Sygnum Bank's market outlook said Tuesday. 'Bitcoin's liquid supply is getting severely constrained while positive demand trends continue, creating the foundation for upside shocks in the price,' analysts wrote, adding the rise of ETF inflows, along with governments increasingly open to bitcoin reserves, is fueling speculation about a 'demand shock' scenario, where too many buyers chase too few coins. Over a million BTC has been withdrawn from exchanges since late 2023, Sygnum said, with ETFs and corporate treasuries driving the hoarding. That's putting added pressure on traders who need liquidity to exit during spikes or to cover shorts. Meanwhile, Bitcoin's role as a safe haven is getting a fresh boost from turmoil in U.S. Treasurys and a weakening dollar. Sygnum flagged that falling U.S. Treasury prices and ballooning federal debt are pushing investors back toward gold and bitcoin. The crypto's resilience in the face of these fiscal headwinds suggests it's becoming a go-to hedge. The report also highlighted new demand catalysts emerging on the geopolitical front, such as three U.S. states have now passed Bitcoin reserve bills, with New Hampshire already signed one into law, while Texas appears next in line. Overseas, Pakistan and even a U.K. party front-runner are weighing official BTC reserve allocations. These moves, while symbolic for now, could eventually add a major bid to the market if they materialize. The bottom line is that the ongoing crypto cycle looks far from over. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
Crypto for Advisors: Crypto Universe
In today's Crypto for Advisors, Fabian Dori, Chief Investment Officer at Sygnum Bank, explores why crypto is more than just an asset class and looks at the institutional adoption of decentralized finance. Then, Abhishek Pingle, co-founder of Theo, answers questions about how risk-adverse investors can approach decentralized finance and what to look for in Ask an Expert. – Unknown block type "divider", specify a component for it in the ` option Moody's recently warned that public blockchains pose a risk to institutional investors. At the same time, U.S. bitcoin ETFs are drawing billions in inflows. We're seeing the start of a long-awaited shift in institutional adoption. But crypto's real potential lies far beyond passive bitcoin exposure. It's not just an asset class — it's an asset universe, spanning yield-generating strategies, directional plays, and hedge fund-style alpha. Most institutions are only scratching the surface of what's possible. Institutional investors may enhance their risk-return profile by moving beyond a monolithic view of crypto and recognizing three distinct segments: yield-generating strategies, directional investments, and alternative strategies. Like traditional fixed income, yield-generating strategies offer limited market risk with low volatility. Typical strategies range from tokenized money market funds that earn traditional yields to approaches engaging with the decentralized crypto finance ecosystem, which deliver attractive returns without traditional duration or credit risk. These crypto yield strategies may boast attractive Sharpe ratios, rivalling high-yield bonds' risk premia but with different mechanics. For example, returns can be earned from protocol participation, lending and borrowing activities, funding rate arbitrage strategies, and liquidity provisioning. Unlike bonds that face principal erosion in rising rate environments, many crypto yield strategies function largely independently of central bank policy and provide genuine portfolio diversification precisely when it's most needed. However, there is no such thing as a free lunch. Crypto yield strategies entail risks, mainly centered around the maturity and security of the protocols and platforms a strategy engages with. The path to institutional adoption typically follows three distinct approaches aligned with different investor profiles: Risk-averse institutions begin with yield-generating strategies that limit direct market exposure while capturing attractive returns. These entry points enable traditional investors to benefit from the unique yields available in the crypto ecosystem without incurring the volatility associated with directional exposure. Mainstream institutions often adopt a bitcoin-first approach before gradually diversifying into other assets. Starting with bitcoin provides a familiar narrative and established regulatory clarity before expanding into more complex strategies and assets. Sophisticated players like family offices and specialized asset managers explore the entire crypto ecosystem from the outset and build comprehensive strategies that leverage the full range of opportunities across the risk spectrum. Contrary to early industry predictions, tokenization is progressing from liquid assets like stablecoins and money market funds upward, driven by liquidity and familiarity, not promises of democratizing illiquid assets. More complex assets are following suit, revealing a pragmatic adoption curve. Moody's caution about protocol risk exceeding traditional counterparty risk deserves scrutiny. This narrative may deter institutions from crypto's yield layer, yet it highlights only one side of the coin. While blockchain-based assets introduce technical risks, these risks are often transparent and auditable, unlike the potentially opaque risk profiles of counterparties in traditional finance. Smart contracts, for example, offer new levels of transparency. Their code can be audited, stress-tested, and verified independently. This means risk assessment can be conducted with fewer assumptions and greater precision than financial institutions with off-balance-sheet exposures. Major decentralized finance platforms now undergo multiple independent audits and maintain significant insurance reserves. They have, at least partially, mitigated risks in the public blockchain environment that Moody's warned against. While tokenization doesn't eliminate the inherent counterparty risk associated with the underlying assets, blockchain technology provides a more efficient and resilient infrastructure for accessing them. Ultimately, institutional investors should apply traditional investment principles to these novel asset classes while acknowledging the vast array of opportunities within digital assets. The question isn't whether to allocate to crypto but rather which specific segments of the crypto asset universe align with particular portfolio objectives and risk tolerances. Institutional investors are well-positioned to develop tailored allocation strategies that leverage the unique characteristics of different segments of the crypto ecosystem. - Unknown block type "divider", specify a component for it in the ` option Q: What yield-generating strategies are institutions using on-chain today? A: The most promising strategies are delta-neutral, meaning they are neutral to price movements. This includes arbitrage between centralized and decentralized exchanges, capturing funding rates, and short-term lending across fragmented liquidity pools. These generate net yields of 7–15% without wider market exposure. Q: What structural features of DeFi enable more efficient capital deployment compared to traditional finance? A: We like to think of decentralized finance (DeFi) as 'on-chain markets'. On-chain markets unlock capital efficiency by removing intermediaries, enabling programmable strategies, and offering real-time access to on-chain data. Unlike traditional finance, where capital often sits idle due to batch processing, counterparty delays, or opaque systems, on-chain markets provide a world where liquidity can be routed dynamically across protocols based on quantifiable risk and return metrics. Features like composability and permissionless access enable assets to be deployed, rebalanced, or withdrawn in real-time, often with automated safeguards. This architecture supports strategies that are both agile and transparent, particularly important for institutions that optimize across fragmented liquidity pools or manage volatility exposure. Q: How should a risk-averse institution approach yield on-chain? A: Many institutions exploring DeFi take a cautious first step by evaluating stablecoin-based, non-directional strategies, as explained above, that aim to offer consistent yields with limited market exposure. These approaches are often framed around capital preservation and transparency, with infrastructure that supports on-chain risk monitoring, customizable guardrails, and secure custody. For firms seeking yield diversification without the duration risk of traditional fixed income, these strategies are gaining traction as a conservative entry point into on-chain markets. - Abhishek Pingle, co-founder, Theo Unknown block type "divider", specify a component for it in the ` option Bitcoin reached a new all-time high of $111,878 last week. Texas Strategic Bitcoin Reserve Bill passed the legislature and advances to the governor's desk for signature. U.S. Whitehouse Crypto Czar David Sacks said regulation is coming in the crypto space in August.
Business Mayor
01-05-2025
- Business
- Business Mayor
Relai Launches Bitcoin-Backed Loans in Partnership with Sygnum Bank
Swiss-based Bitcoin startup Relai has announced a strategic partnership with Sygnum Bank to launch Bitcoin-backed loans for high-net-worth individuals (HNWIs), enabling users to access liquidity without selling their Bitcoin, according to a press release sent to Bitcoin Magazine. The service marks the first of its kind in Switzerland and merges Relai's intuitive Bitcoin investment platform with Sygnum's regulated digital banking infrastructure. Through this offering, Relai's Private clients can unlock the value of their Bitcoin holdings for financial flexibility or investment without sacrificing their long-term crypto positions. 'At Relai, we're building the future of Bitcoin-focused financial services. This partnership with Sygnum Bank is a huge milestone for us as a Startup,' stated Julian Liniger, CEO & Co-Founder of Relai. 'Bitcoin-backed loans are a game-changer for our wealthy clients, providing them with access to cash without the need to sell their Bitcoin. We are seeing a strong demand for that, especially from high-net-worth individuals (HNWI) and small to medium-sized enterprises (SME) clients. It's all about freedom and flexibility. As Michael Saylor says: Never sell your Bitcoin, there is no second best!' Relai, which has become a leading app for buying Bitcoin within a minute, says they see this development as a pivotal step in its broader European expansion plans. The company is aiming to acquire a Markets in Crypto-Assets Regulation (MiCA) license later this quarter, targeting a user base of over 500 million across Europe. 'For Bitcoin maximalists and high-net-worth investors who've long embraced the 'Never Sell Your Bitcoin' philosophy, this alliance creates a financial bridge between diamond hands and real-world capital needs,' the company stated in the press release. Clients with portfolios exceeding 100,000 CHF or EUR can now access substantial liquidity while maintaining long-term exposure to Bitcoin. 'We're proud to partner with Relai, a company that shares our commitment to simplicity, transparency, and Bitcoin-first innovation,' Benedikt Koedel, CFA, Head Credit & Lending at Sygnum Bank. 'This collaboration brings the strength of our regulated credit infrastructure to new groups of private investors, empowering them to unlock liquidity without compromising their long-term vision.'As Bitcoin adoption grows, Relai's Bitcoin-backed loans could play a bigger role in bridging Bitcoin with traditional financial services across Europe.
Yahoo
07-03-2025
- Business
- Yahoo
Deribit Launches Block RFQ System to Improve Liquidity for Large Over-the-Counter Trades
Deribit, the leading crypto options exchange, has launched a Block Request-For-Quote (RFQ) interface, allowing traders to execute large over-the-counter (OTC) trades with improved efficiency and liquidity. The feature, available to all users but tailored for high-volume traders, enables direct negotiation of block trades without impacting public order books, according to a press release. The Block RFQ system supports complex trading structures, allowing users to combine options, futures, and spot pairs with up to 20 legs in a single trade, yet using the system is subject to a higher minimum trade size. The platform uses a multi-maker model that allows multiple liquidity providers to offer partial quotes rather than requiring all-or-nothing fills, while allowing third-party platforms to connect to the Block RFQ system to pool liquidity from multiple sources, per the release. Deribit announced the new system shortly after Sygnum Bank expanded its custody platform to include the derivatives exchange. The trading platform, it's worth noting, is reportedly in talks with Kraken for a potential acquisition. Sign in to access your portfolio
