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In an exciting collaboration, Swiss crypto specialist Sygnum Bank and Zurich-based fintech GenTwo are streamlining the process for institutions looking to launch crypto investment strategies. Announced on Thursday, this new partnership significantly simplifies the pathway for financial institutions to introduce crypto products to the market, ensuring speed and minimizing friction.
Innovative Offering for Institutions
The joint offering beautifully intertwines GenTwo’s asset securitization platform, designed for Actively Managed Certificates (AMCs), with Sygnum’s robust crypto infrastructure. This powerful combination allows the swift creation of diverse products, including token baskets, staking portfolios, and crypto yield strategies—all without the constraints of traditional fund structures, onboarding delays, or the need for fiat transactions.
Tailored Use Cases for Diverse Needs
This initiative specifically targets institutional investors and intermediaries such as banks, asset managers, and family offices. Potential use cases are as creative as they are practical, including Bitcoin and Ether income portfolios, thematic investments in Web3, and daily net asset value (NAV) staking baskets. It also paves the way for banking institutions to dip their toes into crypto strategies without fully committing to large-scale fund structures.
Unlocking Digital Asset Growth
Philippe A. Naegeli, co-founder and CEO of GenTwo, expressed his enthusiasm, stating, “This is about unlocking the next chapter of digital asset growth. We’ve built the infrastructure needed for institutions to innovate with reduced operational friction, from front to back.” Meanwhile, Sygnum’s Chief Product Officer Dominic Lohberger emphasized that this collaboration merges Sygnum’s regulated digital asset offerings with GenTwo’s agile structuring platform. He also noted the significant reduction in counterparty risk through the innovative Sygnum Protect and the option for in-kind crypto subscriptions.
With this partnership, the crypto landscape is not just evolving; it’s doing a little dance! Will we see financial institutions break out in dance over cryptocurrency, too?
Questions & Answers
What is the goal of the Sygnum and GenTwo partnership?
The partnership aims to make it faster and easier for institutions to launch crypto investment products, thus unlocking the potential for digital asset growth.
What types of products can institutions create through this new offering?
Institutions can develop a range of products such as token baskets, staking portfolios, and crypto yield strategies without relying on traditional fund structures.
Who is the target audience for this initiative?
This initiative is specifically designed for institutional investors and intermediaries, including banks, asset managers, and family offices, looking to venture into the crypto space.
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