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Crypto bank Sygnum hits unicorn status with new $58M raise

[Jan 14 6:00 AM] Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream.

BlackRock says 1-2% a ‘reasonable’ Bitcoin portfolio allocation

[Dec 12, 2024 8:46 PM] The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.

Institutions Go All In on Crypto: Sygnum Survey Reveals 57% Respondents Plan to Boost Allocations

[Nov 14, 2024 8:00 AM] 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.

Emerging trend could see Solana ‘seriously challenge’ Ethereum: Sygnum

[Oct 4, 2024 1:36 AM] Solana still has serious ground to cover, but if major financial institutions start showing a preference for Solana, things could change.

Sygnum Secures Liechtenstein License to Expand Crypto Services in EU

[Sep 24, 2024 2:30 AM] Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA…

Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider

[Sep 23, 2024 1:05 PM] The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.

Ledn Secures Landmark $50 Million Bitcoin-Backed Loan From Sygnum to Expand Retail Lending Operations

[Aug 21, 2024 7:55 AM] Ledn, a crypto lending firm, has secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to the crypto…

Ledn Secures Industry First $50M Bitcoin-Backed Syndicated Loan from Sygnum

[Aug 20, 2024 3:02 PM] Ledn, a leading digital lending platform, has officially secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group with ~$4.5 billion in client assets, according to a press release sent to Bitcoin…

Ledn secures industry-first $50M Bitcoin-backed syndicated loan

[Aug 20, 2024 1:00 PM] Ledn’s groundbreaking $50 million Bitcoin-backed loan, syndicated by Sygnum, is set to transform retail lending and institutional crypto finance.

Swiss Crypto Bank Sygnum Achieves Profitability Amid Rapid Growth

[Jul 25, 2024 12:54 AM] Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including…

Fidelity, Sygnum partner with Chainlink to bring NAV data onchain

[Jul 3, 2024 12:00 AM] The partnership will make the Net Asset Value of Fidelity’s $6.9 billion Institutional Liquidity Fund accessible onchain in real time.

Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT

[Jan 30, 2024 3:26 AM] 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.

Swiss Crypto Bank Sygnum Inches Closer to 'Unicorn' Status With $40M Raise

[Jan 25, 2024 12:43 AM] 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

[Dec 18, 2023 10:00 PM] 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…

Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services

[Apr 7, 2023 5:30 AM] 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…