News with the tag "sygnum"

Crypto-friendly financial institution Sygnum Bank has expanded its business by integrating leading options exchange Deribit into its custody platform. This move is quite significant as it presents institutional clients with the avenue to store their assets in a regulated bank and enjoy direct access...

Switzerland-based Sygnum Bank announced on Wednesday it has expanded its off-exchange custody platform, Sygnum Protect, to incorporate Deribit, a crypto derivatives exchange. News: Sygnum Expands its Off-Exchange Custody Platform to Include Deribit, World's Largest Crypto Derivatives Exchange Sygnum...

Crypto bank Sygnum has expanded its custody platform to include the world's leading options exchange Deribit. Sygnum and Deribit are now leveraging crypto custodian Fireblocks' "Off Exchange" service, which allows traders to essentially "mirror" their assets held in custody on a trading platform. Th...

Max Stuedlein, head of strategic digital asset solutions at Sygnum Bank challenged the mainstream enthusiasm around crypto exchange-traded funds. Stuedlein opined that ETFs still carry numerous negatives presented by traditional finance tools. Swiss digital asset bank, Sygnum challenged the hype aro...

Sygnum Bank just joined the billion-dollar club, and it’s a big deal. The Switzerland-based digital asset bank hit a valuation north of $1 billion after pulling in $58 million in an equity funding round. Fulgur Ventures, a Bitcoin-focused venture capital firm, led the charge, with further support fr...

Sygnum, a crypto bank based in Switzerland and Singapore, has secured $58 million in an oversubscribed strategic growth funding round, propelling its valuation past the $1 billion mark and earning it the prestigious Unicorn status. The cornerstone investor for the round’s final close was Fulgur Vent...

The crypto industry has a new "unicorn" in digital asset bank Sygnum, which has just closed a $58 million funding round. The Zug, Switzerland and Singapore-based lender closed an oversubscribed "strategic growth round," which was led by BTC-focused venture capital firm Fulgar Ventures, according to ...

Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream.

The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.

Bitcoin ( BTC ) could experience significant price increases in 2025, driven by a surge in institutional investment. A new report from Switzerland-based crypto-focused asset manager Sygnum Bank is titled “Crypto Market Outlook 2025.” Released on December 12, it highlights several factors contributin...