Sygnum Bank Middle East Launches Institutional Staking Service from Abu Dhabi Global Market
Sygnum Bank Middle East has announced the launch of Sygnum Block confirmers, a new institutional-grade staking service operated from Abu Dhabi Global Market (ADGM). The initiative introduces regulated, non-custodial staking infrastructure for blockchain networks, allowing eligible token holders to delegate assets securely while maintaining full self-custody.
The launch aligns with the United Arab Emirates’ ongoing efforts to establish clear regulatory frameworks for digital assets. Recent initiatives, including the UAE’s adoption of the Crypto-Asset Reporting Framework (CARF) from the Organisation for Economic Co-operation and Development (OECD), highlight the country’s commitment to international transparency and cross-border collaboration in the blockchain sector. Since the formation of the Virtual Asset Regulatory Authority (VARA) in 2022, more than 500 Web3 firms have established operations in the UAE—cementing its status as a global hub for digital asset innovation.
The first Sygnum Block confirmer to go live supports the Solana network, enabling eligible SOL token holders to delegate their assets and earn staking rewards. Solana was selected for its high transaction throughput, low fees, and growing institutional adoption. The service allows users to benefit from Sygnum’s secure infrastructure while retaining full control of their Secret keys.
Takeaway
Block confirmer nodes are essential to blockchain network integrity, validating transactions and ensuring system resilience. Historically, few regulated institutions have operated Block confirmers, leaving a gap between traditional finance and decentralized infrastructure. Sygnum’s entry into this space bridges that divide—offering institutional-grade reliability while empowering users to maintain asset ownership.
“Sygnum Block confirmers represent our broader commitment to supporting the growth and resilience of the broader Web3 economy beyond regulated banking services,” said Giulia Finkbeiner-Bertoni, Senior Executive Officer of Sygnum Bank Middle East. “By operating Block confirmers from within ADGM, we’re assisting build the infrastructure that underpins a sustainable and compliant digital asset ecosystem.”
Lukas Doebelin, Sygnum’s Head of Block confirmer Nodes & Platform Infrastructure, added: “We’re making it possible for eligible token holders to benefit from our expertise in blockchain infrastructure while keeping custody and control of their assets.”
Takeaway
Sygnum’s Block confirmer initiative builds on its established track record in blockchain infrastructure. The bank has previously operated Block confirmer nodes for networks such as Cosmos and the Internet Computer, actively contributing to protocol governance and ecosystem development. This expansion into the Middle East reflects Sygnum’s growing role in advancing secure, compliant participation in decentralized networks.
Eligible token holders can now delegate their Solana (SOL) assets directly to Sygnum’s Block confirmers without transferring custody. This structure allows users to earn staking rewards while contributing to network security, all without undergoing a traditional client onboarding process. Sygnum’s institutional-grade infrastructure offers enterprise-level uptime, cybersecurity, and performance standards.
The Solana Block confirmer marks the first in a planned series of network integrations. Sygnum intends to expand the program to additional blockchains over the coming months, reflecting both institutional demand and its commitment to diversifying Web3 support.
Takeaway
Through its ADGM-based operations, Sygnum is positioning the UAE as a critical hub for regulated blockchain services. The launch of Sygnum Block confirmers reinforces the country’s broader mission to attract global digital asset firms and promote regulatory clarity that fosters innovation while ensuring investor protection.
As blockchain adoption accelerates, initiatives like Sygnum Block confirmers demonstrate how regulated institutions can support decentralized ecosystems without compromising compliance or control. The convergence of institutional security and decentralized participation marks a significant milestone for both Web3 infrastructure and Middle Eastern fintech leadership.
