Sygnum is one of the few cryptocurrency banks operating in Europe.On this episode of The Scoop, Mathias Imbach Co-Founder and Group CEO of Sygnum joined host Frank Chaparro to discuss the country's crypto ecosystem and how large wealth channels are opening up to bitcoin and other digital assets.“Nowadays, the conversation goes very different," said Imbach. "There's very few banks in Switzerland which have not made it a strategic priority to really think [supporting digital assets] through. Some would still say, 'right now we want to not touch it for x, y, z reasons,' but there needs to be a strategic rationale. They need to have an answer to clients, why they do it or why they don't do it."Sygnum's clients aren't just interested in crypto assets, but all real-world assets that are traded on a blockchain.“It's about creating a more direct link between what we own and how we transfer it,” he said.For that reason, Sygnum is currently exploring the tokenization of wines and other pieces of art for clients who also want to own fractionalized shares of such assets.“If you accumulate 100 percent equivalent of a wine bottle, you can also then burn the tokens and take physical delivery of the wine. So basically, you're creating this digital, but at the same time still a real asset, kind of convergence, where you can take it, use it as an investment opportunity, as a financial gains opportunity, with liquidity along the way.”Episode 64 of Season 3 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Mathias Imbach, co-founder & Group CEO at Sygnum.Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com.This episode is brought to you by our sponsors Bakkt, Kraken, and ExodusBakkt® unlocks the $1.2+ trillion of digital assets that is currently held in cryptocurrencies, rewards and loyalty points, gaming assets and merchant stored value. We began in 2018 with the vision to bring trust and transparency to digital assets. Through the Bakkt Warehouse and Bakkt Bitcoin Futures and Options contracts, we serve institutional clients in an end-to-end regulated market with true price transparency. For consumers, Bakkt aggregates digital assets to enable instant liquidity and to empower users to trade, transfer and pay however they want. Visit Bakkt.com for more informationAbout KrakenWhether you’re an experienced crypto trader or just starting out, Kraken has the tools to help you achieve financial freedom. With 50+ cryptocurrencies to choose from, industry-leading security and a wide variety of features to suit any investing strategy, Kraken puts the power in your hands to buy, sell and trade digital assets. Visit Kraken.com to get started today.About ExodusExodus is leading the world out of traditional finance by building beautiful and user-friendly crypto products. Forget having to learn the nuances of different cryptocurrencies. Exodus is designed for everyone and hides the complex details behind a beautiful and intuitive interface. Buy and sell one cryptocurrency for another from the comfort of your wallet, in seconds. Funds remain under your full control. Secure, manage, stake, and exchange all of your favorite cryptocurrencies from one wallet. No account registration is required. Download Exodus at Exodus.com or directly from Google Play and the iOS App Store and you’re ready to go.