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Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain
19.3.2024
The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain
Sygnum Bank, Apex Group, & Hamilton Lane widen participation in private markets
5.3.2024
Sygnum Bank, in collaboration with Hamilton Lane and Apex Group, has introduced an all-encompassing initiative to establish connections with a broader and more diverse range of well-known investors. This pertains to privately operated international markets. By leveraging the capabilities...
Switzerland’s PostFinance Starts Offering Crypto in Partnership With Sygnum
20.2.2024
Switzerland’s PostFinance has partnered with the crypto bank Sygnum to launch a new retail cryptocurrency for its 2.5 million customers on Wednesday, as digital assets become an “integral part” of the financial world.
The post Switzerland’s PostFinance Starts Offering Crypto in Partnership...
Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT
30.1.2024
The move may reflect users' unease about Binance's regulatory dispute in the U.S. which saw it landed with a $4.3 billion fine in November
Sygnum Bank Surpasses $40 Million in Strategic Funding Round
26.1.2024
Sygnum Bank has outperformed its funding expectations in a strategic growth round. The company’s focus now shifts to global expansion and further development of its regulated digital asset products. Sygnum Surges Past Funding Goals, Reaching $900 Million Valuation in Latest Round Digital...
Crypto Bank Sygnum Raises $40 Million for Expansion and Mergers
25.1.2024
Sygnum AG, a global digital asset bank, has successfully raised $40 million in a strategic funding round led by Azimut Holding. According to Sygnum’s latest announcement, the bank completed the oversubscribed funding round with over $40 million, exceeding its original $35 million target. Following...
Swiss Crypto Bank Sygnum Inches Closer to 'Unicorn' Status With $40M Raise
25.1.2024
The company said that its initial target for the funding round was $35 million
Survey: 4 in 5 Institutional Investors Agree Crypto Has Important Role in Global Financial Industry
19.12.2023
An institutional investor survey conducted by digital asset bank Sygnum indicates a shift from skepticism to advocacy, “with over 80% now agreeing that crypto has an important role to play in the global financial industry,” said the bank’s digital asset research manager. “It’s now truly...
Safe, Sygnum Bank, CoinCover Partner to Launch Optional Crypto Recovery Hub
8.12.2023
Source: Sygnum Smart wallet infrastructure provider Safe is partnering to launch a curated suite of crypto recovery options, dubbed “Safe Recovery Hub.” The service is offered in collaboration with global digital asset banking group Sygnum Bank and the UK-regulated recovery service provider...
OKX and Bybit Capitalize as Binance’s Market Share Declines + More News
7.12.2023
Source: AdobeStock / Rafael Henrique Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: OKX and Bybit Capitalize as Binance’s Market Share Declines Safe Partners with Sygnum Bank...
Sygnum Singapore Obtains Major Payment Institution License for Crypto Brokerage Services
3.10.2023
Sygnum Singapore, a subsidiary of the Switzerland-based cryptocurrency bank Sygnum, has received approval for its Major Payment Institution License (MPIL) from the Monetary Authority of Singapore (MAS) to be able to provide crypto brokerage services to accredited investors and institutions...
Singapore awards major payment institution license to Sygnum Bank subsidiary
3.10.2023
Sygnum Singapore plans to expand its regulated offering to Asia–Pacific (APAC) markets, such as Hong Kong, a spokesperson told Cointelegraph
Report: Swiss Authorities Seize $26 Million in Cryptocurrency Linked to Terraform Labs and Do Kwon
27.6.2023
Law enforcement officials in Switzerland reportedly seized approximately $26 million in bitcoin and other cryptocurrencies, believed to be linked to Terraform Labs and its co-founder, Do Kwon. Local media in South Korea revealed that the funds were confiscated from Sygnum, a crypto bank based...
Terra Co-Founder Among Ten Formally Charged in South Korea Following Months-Long Investigation – $185 Million Worth of Assets Frozen
26.4.2023
South Korean prosecutors have indicted Terraform Labs co-founder Daniel Shin and nine others on several charges, including violations of capital markets law related to the failed Terra/Luna project.
Shin founded the company behind LUNA and UST digital currencies with the now-infamous...
Staking Provider P2P.org Raises $23M From Big-Name Investors to Drive Institutional Offering
20.4.2023
The investment comes from Web3 investor Jump Crypto, crypto exchange Bybit and digital asset bank Sygnum
Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services
7.4.2023
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum...
Swiss Government-Owned Bank to Grant 2.5 Million Users Crypto Capabilities via New Partnership – Crypto Adoption on the Rise?
5.4.2023
Major Swiss bank PostFinance has partnered with digital asset services provider Sygnum Bank to offer cryptocurrency trading and storage services for its customers.
As part of the partnership, the Swiss state-owned bank will provide its 2.5 million customers access to buy, sell, and store Bitcoin...
Swiss Government-Owned Bank PostFinance to Offer Customers Crypto
5.4.2023
PostFinance will begin offering its 2.5 million customers access to buy, store and sell Bitcoin (BTC) and Ethereum tokens (ETH), thanks to a partnership with Switzerland’s Sygnum Bank
Sygnum sees increased crypto firm inquiries after US banking giants collapse
23.3.2023
The Swiss crypto bank, however, would stick to its policy of not onboarding U.S. clients as they focus on its core target market
Sygnum Crypto Bank to Introduce Metaverse Hub on Decentraland
5.9.2022
To construct a 3-story building on the well-known metaverse network, Decentraland, the Swiss-based technology platform bank Sygnum has extended its entry into the cryptocurrency and non-fungible token (NFT) arena. A media release states that Sygnum’s multiverse hub will be introduced...