Starting in the first quarter of 2025, EUR COINVERTIBLE (EURCV), which is the Mika -compatible Stablecooin, will be available to more than 20 bank parties via the Sygnum platform. This step reflects the SYGNUM strategy to develop its B2B operations throughout Europe and represents an important step in integrating Stablecoins of the institutional degree into traditional financing. By taking advantage of the MICA regulations, SYGNUM aims to extend its access to post-Switzerland, which increases its promotion of its partnership with SG-FORGE, EURCV source.
What is EUR COINVERTIBLE (EURCV)?
EURCV was launched in 2023 on Ethereum Blockchain, which is a fully guaranteed stablecoin, classified as an electronic code under MICA regulations. EURCV is designed for smooth transfers between financial institutions, removes the need for previous approvals, enhancing accessibility and ease of use. Its safe framework embodies the gap between traditional financing and the ecosystem of digital assets, which enhances wider dependence and asks for innovative use of organized digital currencies.
B2B expansion network in Sygnum
SYGNUM has witnessed a rapid growth, supported by a strong commitment to innovation and organizational compliance. In January 2025, the company raised $ 58 million of financing, which strengthened its evaluation of more than a billion US dollars. By mid -2014, the SYGNUM’s B2B platform included 20 partner institutions, such as postfinance, Zugerkb and VZ Depotunk.
SYGNUM officials emphasize that organizational clarity is crucial to pushing the institutional adoption of digital assets throughout Europe. MICA regulations provide the necessary legal certainty for banks to explore and integrate encrypted currency solutions. By integrating services and organized assets such as EURCV, Sygnum sets itself to meet the advanced demands of its B2B partners and its customers.
Reinforced partnership with SG-FORGE
The representatives of Societe Genere-Forge also highlighted the increasing cooperation with SYGNUM. Based on the initial Makerdao treatment in 2023, the EURCV addition to the Sygnum platform is a pivotal step in progressing in the adoption of organized Stablecoins. This partnership emphasizes a common vision to enhance the innovation of digital assets and facilitate institutional use of encrypted currencies throughout Europe.
