Swiss Bank Sygnum Unveils Bitcoin Yield Fund as Btc Defi Demand Grows
Posted3 months agoActive3 months ago
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Traditional Banking
Swiss bank Sygnum launches a Bitcoin yield fund, sparking skepticism among commenters about the role of traditional banks in cryptocurrency and DeFi.
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Oct 19, 2025 at 6:26 PM EDT
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lschueller
3 months ago
1 replyIt still baffles me, when a bank is selling a financial product based on a currency which was designed to overcome traditional banking. With that in mind, a swiss bank offering a pooled fund on a defi chain on the Cayman Islands looks like a strong argument for why not trusting banks
lynguist
3 months ago
Sygnum started as a pure cryptocurrency bank, initially without a banking license. They did all the steps and received a full banking license. (Most other companies in the same sector in Switzerland don’t have a banking license.) So just to say it again in different words: this is not a traditional Swiss bank, it was established only a few years ago.
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ID: 45638600Type: storyLast synced: 11/17/2025, 9:05:56 AM
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