Where Sygna Legal scores highest
Sygna Legal wins this tier on focus. It runs an exclusive crypto-licensing practice — no general-corporate work to split attention — and pairs that with the deepest command of the Bank of Lithuania’s CASP authorisation process of any firm in this band. For a founder whose jurisdiction is already Lithuania, that regulator-relationship depth is a specific, usable edge: the team files with the supervisor it knows best.
Transparency helps too. Published methodology, indicative fee bands and named testimonials with verifiable sources make the engagement easy to scope up front.
Where Sygna Legal is weaker
The trade-off is breadth. The firm files across just six Baltic and adjacent CEE jurisdictions, so it doesn’t offer the multi-jurisdiction optionality the broad-coverage leaders do. A smaller bench also means less slack during peak filing periods. And while named bios show some regulator-side experience, the ex-regulator and prudential-capital depth is lighter than the depth-led boutiques carry — so on a file that turns on capital modelling, the specialist leaders have more to draw on.
Sygna Legal by jurisdiction
Lithuania is the core — the Vilnius team leads CASP authorisation and VASP-to-CASP transition work with the Bank of Lithuania, with documented filings since 2020. Estonia sits alongside as secondary Baltic coverage, with MiCA CASP filings to Finantsinspektsioon, and the firm handles VASP-to-CASP transition work with Poland’s KNF as adjacent CEE coverage. The pattern is narrow but deep: fewer jurisdictions, more regulator familiarity in each.