Bybit collaborates with Sygnum to deliver off-chain custody solution
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Bybit collaborates with Sygnum to deliver off-chain custody solution 09 September 2025UAE Reporter: Tahlia Kraefft
Image: Leo Rohmann/stock.adobe.com
Bybit has formed a strategic alliance with international digital asset banking group Sygnum, to offer institutional clients custody with the Sygnum Protect platform.
The partnership combines Bybit’s product range and deep liquidity with Swiss-grade compliant custody security.
Bybit’s institutional customers will be able to use an off-balance sheet with Sygnum Bank while trading spot and derivatives on Bybit.
Asset balances will be reflected on the exchange and trading P&L is settled every eight hours to allow operational transparency and capital efficiency.
Adding Sygnum Bank to Bybit’s network of partnerships, will enable Swiss-level, compliant, off-exchange custody to be brought into Bybit’s environment.
Yoyee Wang, head of Bybit’s Business-to-Business Unit says: “Crypto and stablecoin infrastructure is evolving, and managing counterparty risks is essential for institutional adoption.
“Our partnership with Sygnum Bank not only gives clients access to Bybit's industry-leading products and liquidity, but also ensures their assets are safeguarded with the highest standards of Swiss banking. Together, we are building a secure and transparent foundation for institutions to trade with confidence.”
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Image: Leo Rohmann/stock.adobe.com 