Name
Swiss Crypto Bank Sygnum Joins Unicorn Club With $58 Million Growth Round
Description
Swiss digital asset bank Sygnum has joined the unicorn club, raising $58 million in a growth round led by Bitcoin-focused VC Fulgur Ventures. The funding comes as Sygnum experiences a 1,000% surge in annual trades, highlighting its rapid growth in the crypto banking sector.
Publish date
12:00am, Tuesday, January 14, 2025
Referenced by
Swiss crypto bank Sygnum achieves unicorn status with $58M funding round
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News story
Swiss digital asset banking group Sygnum has raised $58 million in an oversubscribed strategic growth round, pushing its valuation beyond $1 billion
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The growth round will fuel Sygnum's expansion into EU/EEA markets and launch its regulated presence in Hong Kong
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