Christopher Giancarlo, the former chairman of the U.S. Commodity Futures Trading Commission (CFTC), has joined crypto bank Sygnum as a senior policy adviser. The announcement, made on May 27, adds significant regulatory weight to Sygnum’s global ambitions as the digital asset industry continues to gain institutional traction. Sygnum, a Swiss digital asset bank, welcomed Giancarlo to its 12-member Advisory Council, where he will support the firm in navigating complex regulatory environments and fostering strategic partnerships across both public and private sectors. Giancarlo, widely known in the crypto world as the “crypto dad” for his pro-digital asset stance, previously led the CFTC from 2017 to 2019 during a pivotal era for crypto regulation in the United States. He described his decision to join Sygnum as timely, noting that the digital asset industry is approaching a major inflection point in institutional adoption worldwide. Sygnum Expands as Institutions Embrace Crypto Sygnum has made headlines recently for its rapid growth, becoming the world’s first digital asset bank to achieve unicorn status after raising $58 million in a recent funding round. With operations in Switzerland, Singapore, and the UAE, the firm is positioning itself at the center of global crypto finance. The appointment of Giancarlo comes at a time when institutional confidence in crypto is surging. In the U.S., Bitcoin ETFs have seen record inflows , pulling in $1.5 billion in just two days earlier this month. Legislation such as the newly passed GENIUS Act—which aims to provide a framework for stablecoin innovation—is also setting the stage for further institutional participation. According to Fidelity Digital Assets, Bitcoin’s rise to all-time highs has helped reinforce its image as a dependable asset class, prompting more financial institutions to consider crypto allocations. Meanwhile, advancements in tokenization, stablecoins, and regulatory clarity are drawing interest from asset managers and financial firms globally. Global Push, Local Challenges While regions like Singapore and the UAE have embraced forward-looking crypto regulations—benefiting Sygnum’s operations—concerns remain closer to home. Sygnum CEO Matthias Imbach recently cautioned that Switzerland risks falling behind if it does not continue to modernize its crypto regulatory environment. With Christopher Giancarlo on board, Sygnum appears poised to strengthen its position in a rapidly evolving market while navigating regulatory challenges with seasoned guidance. The post Ex-CFTC Chair Christopher Giancarlo Joins Sygnum to Guide Global Crypto Strategy appeared first on TheCoinrise.com .