Crypto’s Sygnum Bank joins billion-dollar club

Sygnum hits $1 bln 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 on Tuesday.
Crypto bank Sygnum achieves unicorn status with new funding round that gives it a valuation of $1 billion
Sygnum, a crypto bank based in Switzerland, has raised $58 million, giving the privately-held company a valuation of $1 billion. The round was led by Bitcoin-focused investment firm Fulgur Ventures and follows a $40 million round closed early last year.
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.
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,
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
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.
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.
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