DUBAI, UAE, Sept. 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency change by buying and selling quantity, in the present day introduced a strategic partnership with Sygnum, a world digital asset banking group, to supply institutional shoppers with safe, off-exchange custody via the Sygnum Defend platform.
This integration strengthens Bybit’s place as a trusted companion for establishments by combining its broad product vary and deep liquidity with the bank-grade safety of Swiss-regulated custody. Bybit’s institutional shoppers can now maintain belongings off-balance sheet at Sygnum Financial institution whereas buying and selling spot and derivatives seamlessly on Bybit. Asset balances are immediately mirrored on the change and buying and selling P&L is settled mechanically each eight hours, making certain each capital effectivity and operational transparency.
A New Commonplace for Institutional Safety
Sygnum Defend is the most important bank-operated Off-Alternate Custody platform, now overlaying exchanges that collectively account for over 50% of worldwide annual spot and derivatives volumes. Bybit joins different main members of this ecosystem, reinforcing its dedication to offering institutional traders with the very best requirements of safety, resilience, and belief.
The platform integrates a number of safety layers, together with superior software-hardware controls, strict governance, impartial audits, and the authorized safety of bankruptcy-remote asset custody below Swiss banking legislation. This provides institutional shoppers peace of thoughts that their belongings are safeguarded even in instances of market uncertainty.
Increasing Bybit’s Custody Ecosystem
Bybit has constructed a strong community of trusted custody companions, together with Fireblocks, Copper, and Cactus, to provide shoppers flexibility and confidence in safeguarding their belongings. The addition of Sygnum Financial institution marks a brand new milestone on this technique, bringing regulated, bank-grade off-exchange custody into the Bybit ecosystem.
“Crypto and stablecoin infrastructure is evolving, and managing counterparty dangers is crucial for additional institutional adoption,” mentioned Yoyee Wang, Head of Bybit’s Enterprise-to-Enterprise Unit (BBU). “Our partnership with Sygnum Financial institution not solely offers shoppers entry to Bybit’s industry-leading merchandise and liquidity, but additionally ensures their belongings are safeguarded with the very best requirements of Swiss banking. Collectively, we’re constructing a safe and clear basis for establishments to commerce with confidence.”
“Sygnum Financial institution stays dedicated to working with main exchanges to reinforce the resilience of the crypto {industry} and empower establishments to commerce with peace of thoughts,” mentioned Dominic Lohberger, Sygnum Chief Product Officer. “The speedy adoption of Sygnum Defend by institutional shoppers buying and selling on Binance, Deribit, and now Bybit, demonstrates the pressing want for bank-grade, off-balance sheet custody options. We’re delighted to welcome Bybit to our rising community of built-in exchanges.”
Wanting Forward
As a part of the Sygnum Defend roadmap, the following part will introduce automated collateral transfers between exchanges to additional improve capital effectivity and asset allocation for institutional shoppers.
With this collaboration, Bybit continues to ship on its mission of making a safe, clear, and revolutionary buying and selling surroundings, giving establishments the instruments they should thrive within the evolving digital asset panorama.
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About Bybit
Bybit is the world’s second-largest cryptocurrency change by buying and selling quantity, serving a world group of over 70 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating a less complicated, open and equal ecosystem for everybody. With a robust give attention to Web3, Bybit companions strategically with main blockchain protocols to supply strong infrastructure and drive on-chain innovation. Famend for its safe custody, various marketplaces, intuitive consumer expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and fans to unlock the total potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.
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About Sygnum
Sygnum is a world digital asset banking group, based on Swiss and Singapore heritage. We empower skilled and institutional traders, banks, corporates and DLT foundations to spend money on digital belongings with full belief. Our group permits this via our institutional-grade safety, knowledgeable private service and portfolio of regulated digital asset banking, asset administration, tokenization and B2B companies. In Switzerland, Sygnum holds a banking license and has CMS and Main Fee Establishment licences in Singapore. The group can also be regulated within the established world monetary hubs of Abu Dhabi, Luxembourg and Liechtenstein. We consider that the longer term has heritage. Our crypto-native group of banking, funding and digital asset know-how professionals are constructing a trusted gateway between the normal and digital asset economies that we name Future Finance. To be taught extra about how Sygnum’s mission and values are shaping this digital asset ecosystem, please go to sygnum.com and observe us on LinkedIn and X.
Sygnum Media contact
Dominic Castley, Chief Advertising and marketing Officer
dominic.castley@sygnum.com
Sygnum Financial institution AG,
Uetlibergstrasse 134a,
8045 Zurich, Switzerland
Disclaimer: The data on this publication pertaining to Sygnum Financial institution AG (“Sygnum”) is for common data functions solely, as per date of publication, and shouldn’t be thought-about exhaustive. Sygnum expressly disclaims all legal responsibility which may be primarily based on such data, omissions, or errors thereof. This publication doesn’t take into account the monetary state of affairs of any pure or authorized individual, nor does it present any tax, authorized, funding recommendation, suggestion, provide or invitation by or on behalf of Sygnum to buy or promote any belongings.
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