Crypto Bank Sygnum Gets Unicorn Status With $58M Round
The Zug and Singapore-based lender closed the oversubscribed “strategic growth round,” which was led by BTC-focused venture capital firm Fulgar Ventures
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Sygnum
The Zug and Singapore-based lender closed the oversubscribed “strategic growth round,” which was led by BTC-focused venture capital firm Fulgar Ventures
A notable 65% of the survey respondents are bullish long-term, with 63% mulling more allocation to digital assets in the next three to six months.
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.
The company said that its initial target for the funding round was $35 million.