{"id":6958,"date":"2025-03-18T19:39:10","date_gmt":"2025-03-18T19:39:10","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=6958"},"modified":"2025-03-18T19:39:12","modified_gmt":"2025-03-18T19:39:12","slug":"swiss-cantonal-bank-adds-cardano-and-avalanche-to-crypto-offerings-amid-rising-demand","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/18\/swiss-cantonal-bank-adds-cardano-and-avalanche-to-crypto-offerings-amid-rising-demand\/","title":{"rendered":"Swiss Cantonal Bank Adds Cardano and Avalanche to Crypto Offerings Amid Rising Demand"},"content":{"rendered":"\n<p><strong>Zuger Kantonalbank<\/strong>, a Swiss universal bank, has expanded its cryptocurrency services to include <strong>Cardano (ADA) and Avalanche (AVAX)<\/strong> through a partnership with <strong>Sygnum<\/strong>, a leading crypto-focused Swiss bank.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Growing Demand for Crypto Investments<\/strong><\/h3>\n\n\n\n<p>According to <strong>Sygnum\u2019s March 17 announcement<\/strong>, the bank\u2019s decision to add ADA and AVAX was driven by <strong>rising customer demand<\/strong> and <strong>growing regulatory clarity<\/strong> in both the <strong>U.S. and E.U.<\/strong>. The move also aligns with the establishment of a <strong>U.S. Strategic Bitcoin Reserve<\/strong>, signaling increasing institutional confidence in digital assets.<\/p>\n\n\n\n<p>Zuger Kantonalbank customers can now access <strong>fiat-to-crypto transactions<\/strong> through <strong>Sygnum\u2019s gateway<\/strong>, with <strong>e-banking and mobile app<\/strong> integration making crypto trading more accessible for clients.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Banking Leaders Support Crypto Adoption<\/strong><\/h3>\n\n\n\n<p><strong>Jan Damrau<\/strong>, Zuger Kantonalbank\u2019s <strong>Head of Corporate Management and Executive Board Member<\/strong>, emphasized that the integration of <strong>Cardano and Avalanche<\/strong> allows clients to <strong>diversify their crypto portfolios conveniently<\/strong> within their primary banking services.<\/p>\n\n\n\n<p><em>\u201cAt a time when digital assets are approaching a global inflection point in terms of adoption, our clients can further develop their crypto portfolios with their principal bank.\u201d<\/em> \u2014 <strong>Jan Damrau<\/strong><\/p>\n\n\n\n<p><strong>Fritz Jost<\/strong>, Chief B2B Officer at <strong>Sygnum<\/strong>, highlighted that Zuger Kantonalbank\u2019s <strong>token expansion reflects the strong demand for digital assets<\/strong> beyond Bitcoin and Ethereum.<\/p>\n\n\n\n<p><em>\u201cThe latest expansion of Zuger Kantonalbank\u2019s token universe illustrates the strong demand for additional tokens with diverse use cases to complement major protocols like Bitcoin and Ethereum.\u201d<\/em> \u2014 <strong>Fritz Jost<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Sygnum\u2019s Role in Crypto Banking Growth<\/strong><\/h3>\n\n\n\n<p>Sygnum has been a major player in <strong>bridging traditional banking and crypto<\/strong>. Earlier this year, <strong>Sygnum raised $58 million in its Strategic Growth Round<\/strong>, pushing its valuation past <strong>$1 billion<\/strong> and securing its status as a <strong>unicorn<\/strong>. The oversubscribed funding round was led by <strong>Fulgur Ventures<\/strong>, a Bitcoin-focused venture capital firm, with participation from <strong>new and existing investors<\/strong> as well as <strong>Sygnum team members<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A Milestone in Institutional Crypto Adoption<\/strong><\/h3>\n\n\n\n<p>The addition of <strong>ADA and AVAX<\/strong> to Zuger Kantonalbank\u2019s crypto services marks another milestone in the <strong>mainstream adoption of digital assets<\/strong> by <strong>traditional financial institutions<\/strong>. With increasing regulatory clarity and strategic investments, Swiss banks are setting a precedent for <strong>integrating cryptocurrencies into conventional banking services<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zuger Kantonalbank, a Swiss universal bank, has expanded its cryptocurrency services to include Cardano (ADA) and Avalanche (AVAX) through a partnership with Sygnum, a leading crypto-focused Swiss bank. Growing Demand for Crypto Investments According to Sygnum\u2019s March 17 announcement, the bank\u2019s decision to add ADA and AVAX was driven by rising customer demand and growing&#8230;<\/p>\n","protected":false},"author":3,"featured_media":6959,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[312,65,556],"class_list":["post-6958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-bank","tag-crypto","tag-swiss"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Swiss Cantonal Bank Adds Cardano and Avalanche to Crypto Offerings Amid Rising Demand - Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/18\/swiss-cantonal-bank-adds-cardano-and-avalanche-to-crypto-offerings-amid-rising-demand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Swiss Cantonal Bank Adds Cardano and Avalanche to Crypto Offerings Amid Rising Demand - Crypto News\" \/>\n<meta property=\"og:description\" content=\"Zuger Kantonalbank, a Swiss universal bank, has expanded its cryptocurrency services to include Cardano (ADA) and Avalanche (AVAX) through a partnership with Sygnum, a leading crypto-focused Swiss bank. 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