Bybit works with Swiss Bank to improve institutional custody security
Source: CoinWorld
Time: 2025-09-09 15:09:46
Bybit partnered with Sygnum Bank, regulated by Switzerland, to integrate its trading services into Sygnum Protect, enabling institutional clients to safely host assets off-site while gaining real-time liquidity in Bybit spot and derivatives markets. The solution automatically performs daily profit and loss settlements and treats assets as bankruptcy quarantine assets under Swiss law, effectively responding to counterparty risks and meeting the growing demand for compliant custody solutions from institutional clients.