Deribit partners with Crypto Bank Sygnum to Enhance Institutional Crypto Trading Security

Quick Summary:

Deribit, one of the world’s leading cryptocurrency options and futures exchanges, has partnered with Sygnum Bank, a regulated digital asset financial institution, to bolster security for institutional crypto trading.

As part of the partnership, Deribit has now integrated Sygnum Protect, Sygnum Bank’s off-exchange custody platform, supported by Fireblocks’ Off-Exchange solution.

The Swiss-regulated crypto bank continues to expand its range of institutional services, bridging the gap between traditional finance and the digital asset economy.

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Article Details

Author / Journalist: Sneha Agrawal

Category: Crypto

Markets: India

Topics: Partnership Pulse

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 18:01:54 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26683179

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 34 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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