Sygnum secured $58 million in an oversubscribed strategic funding round led by Fulgur Venture, achieving unicorn status with a valuation of $1 billion.

Jan 14, 2025•11 months ago

Amount Raised

$58 Million

ZurichFinancial Services

Investors

Fulgur Venture

Description

Sygnum, a Swiss-Singapore digital asset banking group, achieved unicorn status with a $58 million funding round. The capital will be used to expand into EU/EEA markets and enhance its Bitcoin technology product portfolio.

Company Information

Company

Sygnum Bank

Location

134 Uetlibergstrasse

Zurich, Zurich, Switzerland

About

Sygnum is a global digital asset banking group, founded on Swiss and Singapore heritage. We empower professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets with complete trust. Our team enables this through our institutional-grade security, expert personal service and portfolio of regulated digital asset banking, asset management, tokenisation and B2B services. In Switzerland, Sygnum holds a banking licence and has CMS and Major Payment Institution Licences in Singapore. The group is also regulated in the established global financial hubs of Abu Dhabi and Luxembourg. We believe that the future has heritage. Our crypto-native team of banking, investment and digital asset technology professionals are building a trusted gateway between the traditional & digital asset economies that we call Future Finance.

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