Sygnum has launched a new institutional crypto asset management offering aimed at the fast-growing $100 billion corporate digital asset treasury (DAT) market.
The service, called Sygnum Select, was unveiled Thursday and is structured as a discretionary mandate solution that applies traditional Swiss banking portfolio management principles to crypto assets.
According to a Sygnum spokesperson, the platform debuts with active client mandates already in place, including $200 million in assets under active management.
The launch comes as corporate and publicly listed digital asset treasury firms have expanded significantly in recent years, collectively holding more than $100 billion in crypto. However, Sygnum noted that many of these companies lack the infrastructure required for professional, institutional-grade asset management — creating strong demand for regulated providers that can bridge the gap.
Data from BitcoinTreasuries shows that public companies currently hold 1.13 million Bitcoin, while private firms hold an additional 287,990 BTC — together valued at approximately $97 billion.
Not all digital asset treasury (DAT) strategies have delivered strong results. Ether treasury firm ETHZilla rebranded to Forum on Wednesday as part of a shift away from holding crypto, pivoting instead toward tokenized assets after its stock fell 20% year to date.
Meanwhile, the largest BNB-focused treasury company, CEA Industries, has plunged 94% from its peak last year. The firm has reportedly attributed the collapse to a “secret side agreement” involving the family office of Changpeng Zhao, YZi Labs.
Sygnum cites changing client demands
Sygnum said evolving market conditions have shifted what institutional clients expect from digital asset service providers.
Its new Sygnum Select offering grants full execution authority within a client’s predefined investment mandate, covering strategic asset allocation, active rebalancing and comprehensive risk oversight.
“As digital assets mature and institutional adoption accelerates, we’re seeing a clear shift in what clients need,” said Sygnum chief investment officer Fabian Dori. He noted that crypto foundations and corporate treasuries are no longer seeking only custody and trading services, but instead want a regulated, trusted counterparty capable of managing assets with the same rigor and holistic approach as a traditional private bank.
According to Sygnum, live mandates span spot holdings, staking, hedging, derivatives, tokenized securities and market-neutral strategies, with most portfolios diversified across both traditional and crypto asset classes.
“Clients can now access bespoke portfolio management that combines what traditional asset managers or crypto-native firms can offer,” said Markus Haemmerli, the bank’s head of portfolio management.
The service is currently available only to Swiss clients, though international expansion is planned.
In January, Sygnum raised more than 750 BTC for its market-neutral Bitcoin fund, which generated an annualized return of 8.9% in the fourth quarter of 2025.
Earlier that month, the Swiss crypto bank achieved a post-money valuation exceeding $1 billion after closing a $58 million oversubscribed strategic growth round.
