Sygnum, a Swiss digital asset banking group, anticipates significant developments in the crypto space by 2026, particularly regarding tokenization and the adoption of Bitcoin reserves by states.
Tokenization on the Rise
Sygnum is well-positioned to partner with clients across the entire value chain of tokenization, from structuring to issuance and trading on secondary markets. Tokenization allows for the creation of unique investment opportunities, making it possible for investors to access a broader range of assets, including those traditionally hard to access, such as private equity, private debt, art, and collectibles. Sygnum's platform streamlines the journey from asset structuring to token minting and subscription, offering a unified platform for issuers and investors. SygnEx, Sygnum's secondary market, enhances liquidity and provides early exit opportunities for tokenized assets. BNY Mellon has also entered the tokenized deposits race, offering clients the ability to transfer deposits using blockchain rails for collateral, margin transactions, and payments, targeting 24/7 operations.
State Bitcoin Reserves Gaining Momentum
Several states are exploring the possibility of incorporating Bitcoin into their financial strategies. Florida is at the forefront, with legislators proposing a state-run Bitcoin reserve. House Bill 1039, filed for the 2026 legislative session, could allocate up to 10% of state funds to Bitcoin investments, managed by the state's Chief Financial Officer. This move aims to diversify state funds and potentially act as an inflation hedge. Jimmy Patronis, Florida's Chief Financial Officer, views Bitcoin as "digital gold" and a valuable addition to the state's assets. The proposal establishes a dedicated cryptocurrency reserve fund, separate from traditional state investment vehicles, with clear parameters for investment and risk management. If passed, the bill would take effect on July 1, 2026.
Florida's initiative reflects a broader trend of institutional adoption of Bitcoin, with 86% of investors allocating to digital assets. Bitcoin's fixed supply and decentralized nature are seen as a hedge against inflation and currency debasement, attracting institutional investors seeking diversification. Cathie Wood, founder of ARK Invest, suggests that the U.S. government may move beyond holding seized Bitcoin and start actively buying BTC for a national strategic reserve.
Sygnum's Innovative Products
Sygnum Bank is also launching MultiSYG, a Bitcoin-backed multisignature lending product, in early 2026. This product allows clients to borrow fiat currency while retaining shared control of their Bitcoin collateral through distributed key management, preventing rehypothecation and ensuring on-chain verifiability. Developed in partnership with Debifi, MultiSYG enables borrowers to maintain verifiable control without full custody handover and will be available to all Sygnum clients in the first half of 2026.
