Swiss digital asset bank Sygnum has announced the launch of services on the Sui blockchain, aiming to increase institutional adoption and bolster the cryptocurrency’s market dynamics. This move follows a partnership with the Sui Foundation, allowing Sygnum to offer custody, trading, and lending services in Switzerland and Singapore. 8.6% price rise for SUI reflects increased liquidity fueled by this development. Sygnum’s expertise in digital assets creates a bridge between traditional finance and blockchain technology. The initiative is expected to enhance scalability and unlock higher TVL and staking activity, bolstering the Sui ecosystem’s growth. This strategic move builds on Sygnum’s track record of success in regulatory environments, including their experiences with Ethereum and Avalanche. Swiss regulatory precedent suggests potential for increased developer engagement and cross-chain activity in the future.