Crypto Bank Sygnum Gets Unicorn Status With $58M Round
Name
Crypto Bank Sygnum Gets Unicorn Status With $58M Round
Description
Sygnum, a crypto bank operating in Zurich, Singapore and Luxembourg, secured $58 million in a funding round, led by Fulgur Ventures. This investment boosts Sygnum's valuation to over $1 billion, achieving "unicorn" status.
Publish date
12:00am, Tuesday, January 14, 2025
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Swiss crypto bank Sygnum achieves unicorn status with $58M funding round
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Crypto bank Sygnum has closed a $58 million funding round giving it a valuation of over $1 billion and thus acquiring "unicorn" status
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The bank plans to expand its product base with a focus on Bitcoin technology and prepare the ground for acquisitions
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