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.
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.
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 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 achieves Unicorn Status with $58m in growth funding
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Swiss Crypto Bank Sygnum Joins Unicorn Club With $58 Million Growth Round
Bitcoin-focused VC firm Fulgur Ventures led the round as the Swiss digital asset bank sees a 1,000% surge in annual trades.
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 ...
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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 ...