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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.
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 Completes USD 58m Strategic Growth Round, AchievesUnicorn Status with 1bn valuation
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. Final close cornerstone investor Fulgur Ventures,
Ripple
47m
Sygnum Raises USD 58 Million in Oversubscribed Growth Round
Sygnum raises USD 58 million in oversubscribed growth round, boosting market expansion, product development, and regulatory compliance.
coinspeaker
1d
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 ...
Finextra
2d
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 ...
fintechmagazine
2h
Global Fintechs Secure US$165m in Cross-Border Growth Push
Major funding rounds in Switzerland, Nigeria and Germany signal renewed investor appetite as companies target international ...
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