Crypto’s Sygnum Bank joins billion-dollar club

Crypto bank Sygnum achieves unicorn status with new funding round that gives it a valuation of $1 billion
We’re not a traditional bank coming from the fiat world. We are looking at the market from the digital asset space and then integrating it to traditional banking,” Sygnum c
Crypto’s Sygnum Bank joins the billion-dollar club after $58 million raise
Sygnum Bank just joined the billion-dollar club, and it’s a big deal. The Switzerland-based digital asset bank hit a valuation north of $1 billion after pulling in $58 million in an equity funding round.
Crypto Bank Sygnum Gets Unicorn Status With $58M Round
The Zurich and Singapore-based lender closed the oversubscribed "strategic growth round," which was led by BTC-focused venture capital firm Fulgur Ventures
Digital asset banking group Sygnum turns unicorn after raising $80m
It will use the funds to expand its product portfolio, with a focus on Bitcoin technology. Read more at straitstimes.com.
Crypto bank Sygnum hits unicorn status with new $58M raise
Cryptocurrency banking group Sygnum is preparing to enter multiple markets after securing $58 million in an oversubscribed strategic growth round. Sygnum has achieved unicorn status with a post-money valuation of more than $1 billion,
Sygnum Crypto Bank Raises $58M, Achieves Unicorn Status with $1B Valuation
Sygnum has secured $58 million in a funding round, propelling its valuation past the $1 billion mark and earning the Unicorn status.
Sygnum Completes USD 58m Strategic Growth Round, AchievesUnicorn Status with 1bn valuation
ZURICH and SINGAPORE, Jan. 14, 2025 /PRNewswire/ -- Global digital asset banking group Sygnum announces it has raised a total of USD 58 million in its oversubscribed Strategic Growth Round, giving it a post-money valuation of more than 1 billion.
Sygnum Bank Joins the Unicorn Club
Amidst growing concerns about Switzerland’s eroding competitive edge in the digital asset space, Sygnum Bank emerges as an example of resilience and growth. The bank has completed an oversubscribed strategic growth round,
Sygnum hits $1 billion valuation after latest funding round
Crypto-focused bank Sygnum secured a valuation of $1 billion after raising $58 million in its latest funding round, it said ...
Finextra1d
Sygnum hits unicorn status on $58 million capital raise
Final close cornerstone investor Fulgur Ventures, a bitcoin-focused venture capital firm, is joined by new and existing ...
coinspeaker1d
Crypto Banking Group Sygnum Raises $58 Million Reaching Unicorn Status
Crypto banking group Sygnum plans to expand into new regions, enhance its Bitcoin offerings, and explore acquisitions. In 2024, Sygnum saw a 1,000% year-over-year increase in total trades, largely ...
devdiscourse1d
Sygnum's $1 Billion Valuation Signals Crypto Industry Revival
Crypto bank Sygnum has reached a $1 billion valuation after raising $58 million in a new funding round supported by Fulgur Ventures and other investors. The company is expanding its European and Asian ...