Sygnum Singapore Onboards Bordier & Cie as Inaugural B2B Clientby Fintech News Singapore November 16, 2023
Private bank Bordier & Cie (Singapore) has become the inaugural B2B client of Sygnum Singapore, marking a significant milestone for the latter, which received its MAS Major Payment Institutions license in October 2023.
Sygnum Singapore recently launched its regulated Digital Payment Token (DPT) brokerage service and now offers access to a diverse range of regulated digital asset services through its B2B platform.
According to a press release, Sygnum has onboarded over 15 banks and international financial institutions onto its B2B platform where they have access to a wide range of regulated digital asset services.
The firm’s B2B partners can now launch at speed and scale on-demand via Sygnum Singapore’s API, enabling regulated crypto service under their own brand and future-proof their offering.
Evrard Bordier, Bordier & Cie’s Managing Partner and CEO (Singapore) said,
“Our partnership with Sygnum demonstrates our commitment in bringing innovation and sophistication to our clients at Bordier & Cie. I am confident that this will meet the demand for alternative investments in digital assets.
Sygnum’s best in class security and service complement our commitment to deliver the highest levels of client experience in private banking.”
Gerald Goh, Sygnum’s Co-Founder and CEO Singapore said,
“From Geneva to Singapore, Bordier & Cie, through this partnership, continues on its 179-year tradition of preserving value for the next generation in a place that shares many of its values.
By expanding its Singapore offering with digital assets, it is once again looking to the future for its clients. We are proud to deepen our Bordier partnership which, like Sygnum, is rooted in Swiss and Singapore heritage.”