TechFlow news, April 16 — According to official announcements, decentralized oracle solution Pyth Network has partnered with digital asset bank Sygnum Bank. Sygnum will join the Pyth ecosystem as a trusted partner, bringing its world-class price data and technological capabilities into DeFi to empower the next generation of dApps.
This collaboration marks Pyth's recognition and adoption by one of the world’s most trusted financial institutions. As Sygnum contributes its bank-grade data to Pyth's price layer, the partnership will accelerate the convergence of traditional finance and the digital asset economy, jointly shaping the future of finance.
As the world’s first digital asset bank, Sygnum holds a Swiss banking license and a Singapore asset management license, serving as a trusted gateway to digital assets for institutional and professional investors. As a globally accessible price layer, Pyth Network already supports over 100 blockchains and delivers more than 1,000 real-time price feeds, with over 520 applications utilizing Pyth.
