Share this article
Sygnum Becomes First Bank to Offer Custody of Dfinity's ICP Token
The Swiss digital asset bank will follow up with a suite of services for ICP including loans, spot trading and options trading.
Updated May 9, 2023, 3:19 a.m. Published May 18, 2021, 10:30 a.m.
Digital asset bank Sygnum will offer custody and banking services for Internet Computer utility tokens, becoming the first bank to do so.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Holders of ICP will be able to deposit their tokens with Sygnum, which will be followed by the rollout of 24/7 spot trading, options trading and loans against ICP holdings at a later date.
- Incubated and launched by Dfinity on May 7, Internet Computer is described by Sygnum as the “third major blockchain innovation after Bitcoin and Ethereum,” in an emailed announcement Tuesday.
- Founded in 2016, the ambitious project is aimed at offering smart contract functionality at internet speed, creating a "decentralized global computer."
- ICP has listed on a number of exchanges in recent weeks including Coinbase Pro on May 10, initially spiking to $640 before correcting.
- Since May 11, ICP has trended downwards and is sitting at $196.58 at press time, according to CoinMarketCap.
See also: Dfinity Launches Uber-Ambitious ‘The Internet Computer’ After 5 Years of Development
Mais para você
O que saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Mais para você
Marshall Islands launches world’s first blockchain-based UBI on Stellar blockchain
Backed by U.S. Treasuries, USDM1 marks a new model for digital public finance and universal basic income in underserved regions.
O que saber:
- The Marshall Islands has launched the first on-chain universal basic income disbursement using a digitally native bond on the Stellar blockchain.
- The initiative, part of the ENRA program, replaces physical cash deliveries with digital transfers to citizens across dispersed islands.
- USDM1, a U.S. dollar-denominated bond, is fully backed by U.S. Treasury bills and distributed via a custom digital wallet app.
Top Stories
