TL;DR:
- Sygnum launched Select, an institutional crypto treasury management platform already operating with nearly $200 million under management.
- The service targets a market estimated at $100 billion in digital assets held by corporations and funds.
- Available strategies include spot exposure, staking, derivatives hedging and allocations to tokenized assets.
Swiss digital bank Sygnum launched Select, a discretionary crypto treasury management service aimed at institutional clients. The platform launched with approximately $200 million already under active management, signaling strong demand even before its official presentation.
The product targets corporate treasuries, crypto-native foundations, pension funds, family offices and ultra-high-net-worth clients. Fabian Dori, Chief Investment Officer at Sygnum, explained that the motivation behind the launch is a structural shift in client needs: companies are seeking a regulated counterparty to manage their digital assets with the same discipline applied by a traditional private bank.
Sygnum Select for the Institutional Market
Sygnum Select offers fully managed mandates combining spot cryptocurrency positions, staking strategies for yield generation, derivatives-based hedging and allocations to tokenized securities. Markus Haemmerli, Head of Portfolio Management at Sygnum, noted that the service “closes an important gap in the market” by integrating traditional and digital assets under personalized management.
The launch is initially restricted to clients domiciled in Switzerland, with international expansion planned throughout the remainder of 2026. On the infrastructure side, the bank emphasizes that institutional custody will rely on cold storage, alongside geographically distributed private key management and comprehensive insurance coverage.
An Expansion Into the Depths of the Crypto Market
Sygnum and Starboard Digital placed more than 750 BTC for their market-neutral BTC Alpha Fund, which posted an annualized net return of 8.9% in the fourth quarter of 2025. One month earlier, the bank became the first European digital asset bank to integrate dollar settlement services through a collaboration with BNY.
In October 2025, it deployed institutional validation infrastructure from the Abu Dhabi Global Market, beginning with staking support for Solana. That same year, the firm closed a strategic growth round of $58 million that pushed its valuation above $1 billion.
According to the bank’s own research, actively managed mandates now represent 42% of the dominant institutional approach, surpassing single-token exposure strategies. Allocations to tokenized bonds and funds grew from 6% to 26% in one year, signaling a deep reconfiguration in how institutional capital engages with digital assets.
