Crypto readiness score
1/3 status dimensions verified · 1 initiative · last verified 2026-10-24
Only 1 of 3 status dimensions (commercial, regulatory, technical) are verified for this institution; at least 2 are required before a score is shown. We show this rather than guess.
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | — | No verified status — not scored |
| Regulatory standing | 25 | 25 | Approved / authorised · initiative |
| Technical delivery | 20 | — | No verified status — not scored |
| Product breadth | 15 | 5 | 1 product category with a verified status: Custody & trading |
| Recent verified activity | 5 | 0 | No verified change in the last 365 days |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (1)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Custody & trading · Switzerland
FINMA banking and securities dealer licence (digital asset bank)
- regulatory
- Approved / authorised2019-08-26
- technical
- Unknown
- commercial
- Unknown
FINMA issued Sygnum AG a banking and securities dealer licence in August 2019, one of the first two pure-play blockchain service providers it licensed, to serve institutional and professional customers.
Scope: Licence record only; services as described by FINMA in 2019.
In tracker · last verified 2026-10-24
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
- Approved / authorised FINMA banking and securities dealer licence (digital asset bank)
FINMA (Switzerland) · 26 Aug 2019
PrimaryFINMA 26 Aug 2019 (named licensees) (opens source in new tab)
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
No partner or provider named in our verified sources yet.
Regulator records & actions
Register entries and regulator publications that name this institution.
- 2019-08-26Primary record · FINMAFINMA: new blockchain service providers licensed; systematic AML in the blockchain sector (opens source in new tab)
- 2019-08-26Primary record · FINMAFINMA 26 Aug 2019 (named licensees) (opens source in new tab)
Markets (from stated target markets): Switzerland
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2019-08-26 · Status
FINMA banking and securities dealer licence issued.
Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections
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