📣 News: Sygnum launches Connect 24/7 Multi-Asset Instant Settlement Network https://t.co/wP0HIJnk6F
▪️ First network to offer 24/7 free instant settlement for fiat, #digitalassets and #stablecoins
▪️ Launches with existing institutional network, including regulated institution only digital asset exchange @ASNXT_official, prime broker @HiddenRoadHQ, liquidity provider @B2C2Group and connectivity to 200+ of Sygnum’s high-volume trading clients
▪️ Focused on enhancing capital efficiency and on-demand liquidity for professional and institutional market participants in Sygnum’s European and Asian home markets
▪️ @FireblocksHQ’s 1,800 institutional clients will also be able to access Sygnum Connect fiat settlements through the Fireblocks Network
▪️ Eliminates counterparty and settlement risks between members and is fully compliant with stringent Swiss regulatory, legal and security standards
Thomas Eichenberger, Chief Product Officer at Sygnum Bank, says, “Sygnum Connect solves an important piece of the settlement puzzle by making transactions between participants in the global crypto ecosystem faster, cheaper, less risky and more reliable. Sygnum Connect is making a significant contribution to traditional financial system connectivity by empowering professional and institutional market participants to invest and transact in the digital asset economy with complete trust.”
Read the full announcement here: