Sygnum Launches Custody, Trading, and Lending Services for Sui Blockchain

Key Points

1. Sygnum Bank introduced custody, spot and derivatives trading, and lending services for SUI, with staking services to follow soon.

2. All SUI holdings will be kept off Sygnum's balance sheet to ensure bankruptcy protection.

3. The expansion builds on Sygnum's July 2025 integration with the Sui Foundation, aiming to attract institutional investors.

4. Sui, developed by former Meta engineers, focuses on parallel payments, real-world asset tokenization, and gaming, and has entered the BTCfi sector.

5. Sygnum holds banking and digital asset licenses in Switzerland, Singapore, and Abu Dhabi, and recently added staked SOL to its collateral portfolio.

6. Mill City Ventures III announced plans to raise $500 million to expand its Sui strategy, following a recent $450 million raise from institutional investors.