Sygnum completes pilot for on-chain crypto trading via AI agents

Swiss cryptocurrency bank Sygnum has announced the completion of a pilot program for on-chain cryptocurrency trading using AI agents. The bank stated this is the first time a regulated Swiss bank has executed on-chain transactions with an AI agent. According to Sygnum, the system allows a client to input a command in natural language text, which the AI agent then uses to execute a multi-step blockchain transaction, with the client providing the final signature. Sygnum plans to commercialize the service after resolving related regulatory and security issues.