The $ 58 million that Sygnum Bank has raised will be utilized to diversify its product line with a particular emphasis on Bitcoin technology. Sygnum Bank Doubles Down on Expansion Plans With New Funding Round Sygnum Bank, a digital asset banking group, has announced a strategic $ 58 million raise in an oversubscribed …
Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA framework. With plans for further growth in Asia, including Hong Kong and Singapore, Sygnum continues to strengthen its […]
Ledn, a crypto lending firm, has secured a $ 50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to the crypto sector and the $ 1.38 trillion syndicated loan market. The collaboration highlights the growing …
Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including custody, trading, and lending services. With assets under administration surpassing $ 4 billion, Sygnum caters to clients from …
Sygnum Bank has outperformed its funding expectations in a strategic growth round. The company’s focus now shifts to global expansion and further development of its regulated digital asset products. Sygnum Surges Past Funding Goals, Reaching $ 900 Million Valuation in Latest Round Digital asset bank Sygnum has announced the successful interim close of its …