Reported about 18 hours ago
Sygnum, a crypto-focused bank, has reached a valuation of $1 billion after raising $58 million in its latest funding round, backed by Fulgur Ventures and other investors. This development highlights a recovery in the crypto industry as investor sentiment improves. Originally registered in Liechtenstein, Sygnum plans to expand its operations in Europe and launch in Hong Kong, focusing on institutional users by providing crypto trading and custodial services.
Source: YAHOO