TLDRSygnum Bank has fully integrated SUI Coin into its regulated Swiss banking platform.The bank will offer custody, spot trading, derivatives trading, and future staking services for SUI Coin.Client assets will remain bankruptcy-remote while benefiting from secure Swiss banking infrastructure.SUI Coin’s price increased by 2.7% to $3.81 following the announcement.Mill City Ventures partnered with Galaxy Digital to manage a $450 million SUI Coin treasury.SUI Coin received significant institutional backing after Sygnum Bank and Galaxy Digital announced strategic moves to expand its market presence. Sygnum Bank became the first Swiss bank to integrate SUI Coin into its regulated banking platform fully. Meanwhile, Galaxy Digital partnered with Mill City Ventures to manage a $450 million SUI treasury.Sygnum Bank Expands Regulated Access to SUI CoinSygnum Bank announced the launch of custody and trading services for SUI Coin on its regulated banking platform. The bank will provide secure off-balance sheet custody, spot trading, and derivatives trading for institutional clients. Additionally, it plans to introduce staking and Lombard loans backed by SUI Coin collateral.Christian Thompson, Managing Director of the Sui Foundation, stated,“Broadening institutional access to the Sui ecosystem further expands Sui’s reach.”This move allows professional and institutional investors worldwide to access SUI Coin through regulated channels. The integration also ensures client assets remain bankruptcy-remote while benefiting from Swiss banking infrastructure.Sygnum Co-Founder and CEO Mathias Imbach said the bank’s position connects regulated finance with digital assets to support blockchain growth. He emphasized that combining Swiss banking security with advanced asset management can make SUI Coin a core investment asset. Following the announcement, the SUI Coin price rose by 2.7% to $3.81.Galaxy Digital to Manage $450M SUI Coin TreasuryMill City Ventures confirmed a strategic partnership with Galaxy Digital to manage its $450 million SUI Coin treasury. Galaxy Asset Management will oversee execution, liquidity solutions, and staking strategies to maximize long-term holdings. This is currently the largest publicly known SUI Coin treasury supported by a foundation.Stephen Mackintosh, CIO of Mill City Ventures, described Sui as “the infrastructure layer for the next chapter of the internet.” He said Galaxy’s involvement strengthens their ability to manage and grow the SUI Coin treasury. The partnership aims to align with long-term blockchain adoption strategies.Steve Kurz, Global Head of Asset Management at Galaxy Digital, said Mill City’s public-market structure offers investors a new access point. He added that the partnership supports integrating digital assets into capital markets. Galaxy Digital also invested in Mill City’s $450 million private placement for the treasury.Both announcements highlight growing institutional interest in SUI Coin. The combination of regulated banking services and large-scale treasury management positions SUI Coin for broader market adoption, strengthening its potential role in the evolving digital asset ecosystem.The post Sygnum Bank Backs SUI Coin as Galaxy Digital Oversees $450M Treasury appeared first on Blockonomi.