Catenaa, Sunday, June 01, 2025-Sygnum, the Swiss-based digital asset bank, has named former US Commodity Futures Trading Commission Chairman Christopher Giancarlo as its senior policy adviser, the company announced Monday, reinforcing its regulatory strategy amid expanding operations in Asia and the Middle East.
Giancarlo, known as “crypto dad” for his pro-innovation stance during his 2017-2019 tenure at the CFTC, joins Sygnum’s 12-member Advisory Council.
He is expected to help shape the bank’s global regulatory roadmap and deepen public-private sector alliances.
The appointment comes as Sygnum accelerates growth in jurisdictions such as Singapore and the UAE, where digital asset regulations are evolving rapidly.
CEO Matthias Imbach recently warned that Switzerland, once considered a crypto haven, could lose ground if it fails to adapt to the changing global landscape.
Giancarlo, once considered for high-ranking roles under President Donald Trump’s second administration, has publicly declined interest in returning to government. His move to Sygnum signals a commitment to steering crypto regulation from within the private sector.
Sygnum crossed the $1 billion valuation mark earlier this year after raising $58 million in a funding round led by Fulgur Ventures, securing its place among the world’s crypto unicorns. Team members also invested, ensuring co-founders and the board retained majority control.
The announcement coincides with a surge in institutional investment. US-listed Bitcoin ETFs attracted $1.5 billion in just two days, and US lawmakers recently advanced the GENIUS Act to regulate stablecoins, further legitimizing digital assets.
Sygnum predicts a strong Bitcoin rally in 2025, fueled by shrinking supply and growing institutional demand.
